Profile

Since its inception in 1986 , Sonesta Simply Suites franchise has stood as a cornerstone in the global Travel & Hospitality. With a pioneering role in the franchise business, Sonesta Simply Suites has consistently set the standard for excellence and innovation. It’s worth noting that Sonesta Simply Suites began offering franchises in 2021, marking a significant milestone in the company’s history.

Summary

General

Retail Location: Unlock access

Category: Hotels & Lodging and Travel & Hospitality

Year of Founding: 1986

Fees & Financing

Marketing Fee: 4%

Royalty Fee: %5

Franchise Fee: 0

Min Cash Required: $908,805

Location units

Total Locations: 62

Franchised Units: 11

Corporate Units: 51

Details

FAQ

How much:

The cost of opening a Sonesta Simply Suites franchise can vary depending on a number of factors. On average, you can expect to invest between $868K-$15.57M. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.

How profitable:

The profitability of a Sonesta Simply Suites franchise can vary widely depending on factors such as location, operating costs, management efficiency, and local market conditions. If you are interested in knowing more about how profitable a Sonesta Simply Suites franchise is and its average unit volume, make sure to click here and become a Vetted Member to unlock access.