Question 1

How much does it cost to open a Microtel Inn & Suites by Wyndham franchise?

Accepted Answer

The total initial investment for a Microtel Inn & Suites by Wyndham franchise ranges from $7.2M to $9.2M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Microtel Inn & Suites by Wyndham franchise fee?

Accepted Answer

The initial franchise fee for Microtel Inn & Suites by Wyndham is $40K.

Question 3

What are the net worth requirements for a Microtel Inn & Suites by Wyndham franchise?

Accepted Answer

Net worth requirements for Microtel Inn & Suites by Wyndham are specified in the Franchise Disclosure Document.

Question 4

Does Microtel Inn & Suites by Wyndham require a personal guarantee?

Accepted Answer

Yes, Microtel Inn & Suites by Wyndham requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Microtel Inn & Suites by Wyndham franchise?

Accepted Answer

Equipment costs for a Microtel Inn & Suites by Wyndham franchise range from $456K to $498K. Initial inventory costs range from $277K to $303K.