15 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
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The total initial investment to open a WoodSpring Suites franchise ranges from $8.2M to $13.3M (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for WoodSpring Suites is $50K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the WoodSpring Suites 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a WoodSpring Suites franchise requires a physical location (2025 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisWoodSpring Suites charges a royalty fee of 6.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a WoodSpring Suites franchise is approximately 8.5% of gross sales (2025 FDD). This includes the royalty fee, a 2.5% marketing/advertising fund contribution, a $525/month technology fee, and other recurring charges.
View full fees analysisWoodSpring Suites has been involved in 4 litigation cases over the past 3 years (2025 FDD). There are currently 4 pending cases. There is at least one class action lawsuit pending.
View full litigation analysisNo, the WoodSpring Suites franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisWoodSpring Suites offers non-exclusive territory rights to its franchisees (2025 FDD). The franchise agreement does not include encroachment protection. Franchisees retain online sales rights for their territory.
View full territory analysisWoodSpring Suites currently operates 256 locations (2025 FDD) (256 franchised, 0 company-owned). The system grew by 8.9% over the past year. The 3-year compound annual growth rate is 6.5%.
View full growth analysisThe 1-year franchisee turnover rate for WoodSpring Suites is 0.8% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisThe initial franchise agreement term for WoodSpring Suites is 20 years (2025 FDD). The total potential term is 20 years.
View full contract analysisWoodSpring Suites's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 0 miles of the former location (2025 FDD).
View full legal analysisYes, WoodSpring Suites's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD).
View full legal analysisWoodSpring Suites provides 129 hours of initial training over approximately 1 weeks (2025 FDD). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, WoodSpring Suites provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.
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