Question 1

How much does it cost to open a stayAPT Suites franchise?

Accepted Answer

The total initial investment for a stayAPT Suites franchise ranges from $7.5M to $12.9M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the stayAPT Suites franchise fee?

Accepted Answer

The initial franchise fee for stayAPT Suites is $40K.

Question 3

What are the net worth requirements for a stayAPT Suites franchise?

Accepted Answer

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

Question 4

Does stayAPT Suites require a personal guarantee?

Accepted Answer

Yes, stayAPT Suites requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

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

Accepted Answer

Equipment costs for a stayAPT Suites franchise range from $553K to $1.2M. Initial inventory costs range from $77K to $144K.