Question 1

How much does it cost to open a Affordable Suites of America franchise?

Accepted Answer

The total initial investment for a Affordable Suites of America franchise ranges from $193K to $10.2M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Affordable Suites of America franchise fee?

Accepted Answer

The initial franchise fee for Affordable Suites of America is $35K.

Question 3

What are the net worth requirements for a Affordable Suites of America franchise?

Accepted Answer

Net worth requirements for Affordable Suites of America are specified in the Franchise Disclosure Document.

Question 4

Does Affordable Suites of America require a personal guarantee?

Accepted Answer

Yes, Affordable Suites of America requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Affordable Suites of America franchise?

Accepted Answer

Equipment costs for a Affordable Suites of America franchise range from $700K to $1.1M. Initial inventory costs range from $0 to $23K.