Profile

Since its inception in 1986 , Sonesta Select franchise has stood as a cornerstone in the global Travel & Hospitality. With a pioneering role in the franchise business, Sonesta Select has consistently set the standard for excellence and innovation. It’s worth noting that Sonesta Select 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: $1,072,308

Location units

Total Locations: 56

Franchised Units: 11

Corporate Units: 45

Details

FAQ

How much:

The cost of opening a Sonesta Select franchise can vary depending on a number of factors. On average, you can expect to invest between $957K-$18.57M. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.

How profitable:

The profitability of a Sonesta Select 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 Select franchise is and its average unit volume, make sure to click here and become a Vetted Member to unlock access.