Question 1

How much does it cost to open a Magnuson Hotels franchise?

Accepted Answer

The total initial investment for a Magnuson Hotels franchise ranges from $175K to $400K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Magnuson Hotels franchise fee?

Accepted Answer

The initial franchise fee for Magnuson Hotels is $10K.

Question 3

What are the net worth requirements for a Magnuson Hotels franchise?

Accepted Answer

Net worth requirements for Magnuson Hotels are specified in the Franchise Disclosure Document.

Question 4

Does Magnuson Hotels require a personal guarantee?

Accepted Answer

Yes, Magnuson Hotels requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Magnuson Hotels franchise?

Accepted Answer

Equipment and inventory costs for Magnuson Hotels vary by location. Refer to the FDD for estimates.