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Updated RecentlySuper 8 vs stayAPT Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Super 8 vs stayAPT Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $233,200 - $4,834,492 | $4,148,500 - $7,616,000 |
| Franchise Fee | $25,000 - $28,000 | N/A |
| Royalty Fee | 5.5% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1974 | 2018 |
| Year Franchised | 1976 | 2018 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Developer, owner, or real estate group with hospitality experience, credit and financial approval, and acceptable background check. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | A comprehensive suite of learning opportunities designed to help you run your business. Our hands-on curriculum includes: General Manager Orientation: Our GM orientation (Strategic Training for Exceptional Performance - S.T.E.P.) is a 5 day program which focuses on the brand tools and resources designed to optimize your business’s performance. We provide year round training to all owners and will tailor your training for your needs. On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Super 8
Super 8's name is derived from its unique room rate- - $8.88 every night- - when the principal area opened in 1974 in Aberdeen, South Dakota.
Super 8 Worldwide® is the world's biggest economy lodging chain with more than 2,200 properties in the U.S., Canada, and China. Super 8 has as of late propelled a brand invigorate with another logo and a crisp, new inside and outside outline program. Visitors can rely on upon each Super 8 to convey: complimentary SuperStart® breakfast, free fast web get to, updated shower conveniences, free in-room espresso, kids under 17 remain free, and free premium link or satellite TV.
The total investment necessary to begin operation of a Super 8
franchise for a 65 room new construction facility ranges from $3,672,673
to $4,834,492.
The total investment necessary to begin operation of a Super 8
franchise for a 100 room conversion facility ranges from
$233,200 to $2,181,300.
Land acquisition costs are not included in these ranges.
The above amounts include a range of $33,600 to $62,925 that must be paid
to the franchisor or an affiliate.
Founded in 1974, Super 8 Motels has been franchising since 1976
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#70 in Canada's Top franchises.
#106 in Franchise 500 for 2020.
#179 in Franchise 500 for 2020.
About stayAPT Suites
!["stayAPT]("https://fddexchange.com/wp-content/uploads/2020/03/stayAPT-Suites.png")
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary
housing on a weekly or monthly rental basis. stayAPT offers franchisees
both the right to develop multiple Hotels under an Area Development
Agreement (each Hotel requiring a separate Franchise Agreement) and
individual Hotels under a Franchise Agreement.
The total investment necessary to begin operation of a stayAPT Suites™
Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is
$6,052,500 to $7,616,000, excluding real estate costs. This includes
$51,000 that must be paid to the franchisor or an affiliate. If you sign
an Area Development Agreement, you must pay $30,000 for each Hotel you
plan to develop, all of which is due at signing. The initial fee paid
under the Area Development Agreement is in lieu of the initial franchise
fee normally due for a Hotel when the Franchise Agreement for that
Hotel is executed.