Question 1

How much does it cost to open a MGallery Hotel Collection franchise?

Accepted Answer

The total initial investment for a MGallery Hotel Collection franchise ranges from $61.7M to $113.3M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the MGallery Hotel Collection franchise fee?

Accepted Answer

The initial franchise fee for MGallery Hotel Collection is $75K.

Question 3

What are the net worth requirements for a MGallery Hotel Collection franchise?

Accepted Answer

Net worth requirements for MGallery Hotel Collection are specified in the Franchise Disclosure Document.

Question 4

Does MGallery Hotel Collection require a personal guarantee?

Accepted Answer

Yes, MGallery Hotel Collection requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a MGallery Hotel Collection franchise?

Accepted Answer

Equipment costs for a MGallery Hotel Collection franchise range from $6.0M to $7.0M. Initial inventory costs range from $600K to $3.0M.