Question 1

How much does it cost to open a MAINSTAY SUITES franchise?

Accepted Answer

The total initial investment for a MAINSTAY SUITES franchise ranges from $9.2M to $16.3M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the MAINSTAY SUITES franchise fee?

Accepted Answer

The initial franchise fee for MAINSTAY SUITES is $50K.

Question 3

What are the net worth requirements for a MAINSTAY SUITES franchise?

Accepted Answer

Net worth requirements for MAINSTAY SUITES are specified in the Franchise Disclosure Document.

Question 4

Does MAINSTAY SUITES require a personal guarantee?

Accepted Answer

Yes, MAINSTAY SUITES requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a MAINSTAY SUITES franchise?

Accepted Answer

Equipment costs for a MAINSTAY SUITES franchise range from $789K to $946K. Initial inventory costs range from $224K to $346K.