LivAway Suites

The technology fee of $1,134 per month is significantly above the typical range for hospitality franchises ($147.50-$734). What specific technology services and systems are included in this fee, and is it subject to annual increases?

Your advertising fund rate of 2.0% is below the typical range of 2.25-3.5% for this category. How is the ad fund currently being used, and what marketing support or campaigns has it funded for existing franchisees?

The franchise system currently has only 4 units, all added in the past year. Can you provide a detailed breakdown of franchisee locations, business performance metrics, and profitability data for these units?

The Investment score of 0 is well below the typical range of 59.0-81.0. What specific aspects of the investment or disclosure are driving this score, and what additional financial documentation is available?

The Contract Terms score of 65 falls below the typical range of 68.0-80.0. What are the key differences between your agreement and industry-standard terms that franchisees should understand?

Your termination clause provides only 10 days to cure monetary defaults and construction deadline failures. How frequently have franchisees been unable to cure defaults within this timeframe, and what is the process for extensions?

The renewal clause requires meeting 6 conditions and a renewal fee equal to 50% of the initial franchise fee. Can you provide the complete list of renewal conditions and explain the rationale for the 50% renewal fee?

Personal guarantees may be required as a condition of curing defaults. In what circumstances would the franchisor require a personal guarantee, and would this apply to all franchisees or only in specific situations?

The indemnification clause requires franchisees to indemnify the franchisor against all losses. Are there any caps or limitations on indemnification obligations, and what specific scenarios have triggered indemnification claims?

The franchise has 0 litigation cases in its history. Is this because the system is very new, or are there specific contractual protections or dispute resolution mechanisms that have prevented litigation?

Since the franchise only has 4 units, all opened in 2024, how are you projecting unit growth over the next 3-5 years, and what is your target number of franchised locations?

What is the average investment required to open a LivAway Suites franchise, including real estate, construction, furniture, and working capital, and why was this not provided in the Investment section?

Can you provide Item 19 financial performance data for the 4 existing franchised units, including gross revenue, operating expenses, and net profit or loss?

The territory is protected but not exclusive. What specific encroachment protection exists, and can the franchisor or other franchisees operate similar brands within your protected territory?

What happens at the end of your 20-year initial term? Can you renew automatically, or must you renegotiate terms, and are there any guarantees that renewal terms will be comparable to your current agreement?

The non-compete clause specifies 0 years and 0 miles. Are you prohibited from opening competing businesses after franchise termination or expiration, and if so, what restrictions apply?

How many prospective franchisees have inquired about the system, and how many have signed franchise agreements? What is the pipeline of new unit openings expected in the next 12 months?

Given the early stage of the system, what franchisor support, training, and operational guidance is provided to franchisees, and how does this compare to established competitors in the market?