Question 1

How much does it cost to open a Extended Stay America Premier Suites franchise?

Accepted Answer

The total initial investment for a Extended Stay America Premier Suites franchise ranges from $10.1M to $15.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Extended Stay America Premier Suites franchise fee?

Accepted Answer

The initial franchise fee for Extended Stay America Premier Suites is $50K.

Question 3

What are the net worth requirements for a Extended Stay America Premier Suites franchise?

Accepted Answer

Net worth requirements for Extended Stay America Premier Suites are specified in the Franchise Disclosure Document.

Question 4

Does Extended Stay America Premier Suites require a personal guarantee?

Accepted Answer

Yes, Extended Stay America Premier Suites requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Extended Stay America Premier Suites franchise?

Accepted Answer

Equipment costs for a Extended Stay America Premier Suites franchise range from $640K to $750K. Initial inventory costs range from $150K to $230K.