Question 1

How much does it cost to open a Hawthorn Suites franchise?

Accepted Answer

The total initial investment for a Hawthorn Suites franchise ranges from $329K to $14.3M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Hawthorn Suites franchise fee?

Accepted Answer

The initial franchise fee for Hawthorn Suites is $40K.

Question 3

What are the net worth requirements for a Hawthorn Suites franchise?

Accepted Answer

Net worth requirements for Hawthorn Suites are specified in the Franchise Disclosure Document.

Question 4

Does Hawthorn Suites require a personal guarantee?

Accepted Answer

Yes, Hawthorn Suites requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Hawthorn Suites franchise?

Accepted Answer

Equipment costs for a Hawthorn Suites franchise range from $942K to $1.3M. Initial inventory costs range from $9K to $451K.