Question 1

How much does it cost to open a Sonesta ES Suites franchise?

Accepted Answer

The total initial investment for a Sonesta ES Suites franchise ranges from $972K to $19.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Sonesta ES Suites franchise fee?

Accepted Answer

The initial franchise fee for Sonesta ES Suites is $65K.

Question 3

What are the net worth requirements for a Sonesta ES Suites franchise?

Accepted Answer

Net worth requirements for Sonesta ES Suites are specified in the Franchise Disclosure Document.

Question 4

Does Sonesta ES Suites require a personal guarantee?

Accepted Answer

Yes, Sonesta ES Suites requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Sonesta ES Suites franchise?

Accepted Answer

Equipment costs for a Sonesta ES Suites franchise range from $155K to $3.1M. Initial inventory costs range from $62K to $414K.