Comfort Suites Franchise

Lodging

AAPL Price Today by TradingView
Choice Hotel's premier midscale, limited service, all-suites brand. The total investment necessary to convert an existing hotel and begin operation of an 80-room COMFORT hotel franchise is between $307,125-$1,967,495. The total investment necessary to begin operation of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES hotel franchise is between $4,638,625-$8,393,895, and the total investment necessary to begin operation of a newly constructed 86-room COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This includes the following fees that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $500 per room for new franchises, $750 per room for transfers and renewals ($50,000 minimum for new franchises, $65,000 minimum for transfers and renewals); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of between $0 and $3,245 per person. These sums do not include the cost of purchasing or leasing land or any real estate taxes.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of Comfort Suites, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Comfort Suites website.

How much does it cost to open a Comfort Suites Franchise ?

The investment required to open a Comfort Suites Franchise is between $307,125 - $9,243,275 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Comfort Suites name.

Individual Franchise Costs

  • Initial Investment:
    $307,125 -
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    5.65%
  • Advertising Fee:
    3.85%
  • Term of Agreement:
    20 years

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Comfort Suites Growth History

When did the first Comfort Suites open? N/A
When did Comfort Suites start Franchising ? N/A


How much does a Comfort Suites Franchise owner make?

How much money you could make as a Comfort Suites Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Comfort Suites Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - $9,243,275
Initial Franchise Fee
$50,000
Royalty Fee
5.65%
Advertising Fee
3.85%
Term of Agreement
20 years

Sister Companies

Comfort Suites Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Comfort Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Comfort Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.