13 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Apartments by Marriott Bonvoy franchise ranges from $33.9M to $112.2M (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Apartments by Marriott Bonvoy is $100K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Apartments by Marriott Bonvoy 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Apartments by Marriott Bonvoy franchise requires a physical location (2024 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisApartments by Marriott Bonvoy charges a royalty fee of 5.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Apartments by Marriott Bonvoy franchise is approximately 6.6% of gross sales (2024 FDD). This includes the royalty fee, a 1.6% marketing/advertising fund contribution, and other recurring charges.
View full fees analysisApartments by Marriott Bonvoy has been involved in 10 litigation cases over the past 3 years (2024 FDD). There are currently 8 pending cases. There is at least one class action lawsuit pending.
View full litigation analysisNo, the Apartments by Marriott Bonvoy franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisApartments by Marriott Bonvoy offers non-exclusive territory rights to its franchisees (2024 FDD). The franchise agreement does not include encroachment protection. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisApartments by Marriott Bonvoy currently operates 0 locations (2024 FDD) (0 franchised, 0 company-owned).
View full growth analysisApartments by Marriott Bonvoy does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Apartments by Marriott Bonvoy is 10 years (2024 FDD). The total potential term is 10 years.
View full contract analysisApartments by Marriott Bonvoy does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysisYes, Apartments by Marriott Bonvoy's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
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