Suburban vs AFM Hospitality Corporation Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Suburban vs AFM Hospitality Corporation including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Suburban Franchise
AFM Hospitality Corporation Franchise
Investment $149,175 - $8,513,044$2,000,000 - $20,000,000
Franchise Fee $30,000$35,000
Royalty Fee 4%3%
Advertising Fee -4%
Year Founded 19861991
Year Franchised 19891992
Term Of Agreement 10 years5/5/5/5 Years
Term Of Agreement 10 years5/5/5/5 Years
Renewal Fee $30K or $225/room-


Business Experience Requirements

 
Suburban Franchise
AFM Hospitality Corporation Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Suburban Franchise
    AFM Hospitality Corporation Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Suburban Franchise
    AFM Hospitality Corporation Franchise
    Training -On-Site 3-5 Days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesCentral Data Processing:

    Central Purchasing:

    Field Operation Evaluation:

    Field Training:

    Initial Store Opening:

    Franchisee Newsletter:

    Regional or National Meetings:

    800 Telephone Hotline:

    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Suburban Franchise
    AFM Hospitality Corporation Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Suburban

    Suburban Extended Stay Hotel is Choice Hotels International's economy brand in one of the most desirable hotel segments today-extended stay. Suburban provides a simple solution for longer-term housing that's as pleasant as it is affordable. Value-conscious guests looking to stay for a day, a week, a month or longer enjoy just the right hotel amenities including well-equipped kitchens in all the rooms, weekly housekeeping, guest laundry, free cable TV and high speed Internet service. The flexible floor plan concept allows for conversions, easily adopting local market-driven design, guest room mix and suitable extended stay guest room features, along with an optional fitness center, meeting space or swimming pool.

    In 2015, Suburban brand hotels received an average of 63.6% of gross room revenue through the Choice Hotels Central Reservations System (CRS) and other Choice Hotels marketing channels.

    Suburban Extended Stay Hotel franchise is supported by a nationwide team of Area Directors (AD's) who provide local market assessments, pricing and rate structure support, and operational training. Dedicated, Extended Stay sales training provides the skills necessary to compete effectively in the local market. This support makes sure your hotel adheres to the extended stay business model for optimal performance.

    About AFM Hospitality Corporation

    AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.