Question 1

Does Apartments by Marriott Bonvoy franchise offer exclusive territory?

Accepted Answer

Apartments by Marriott Bonvoy offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Apartments by Marriott Bonvoy franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Apartments by Marriott Bonvoy is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for Apartments by Marriott Bonvoy franchise?

Accepted Answer

Non-compete clause details for Apartments by Marriott Bonvoy are outlined in the franchise agreement. Review the FDD for specifics.

Question 4

Can you transfer or sell a Apartments by Marriott Bonvoy franchise?

Accepted Answer

Yes, Apartments by Marriott Bonvoy allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $150,000 applies.