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Below is an in-depth analysis and side-by-side comparison of Staybridge Suites vs AFM Hospitality Corporation including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $15,352,595 - $22,436,565 | $2,000,000 - $20,000,000 |
Franchise Fee | $55,000 | $35,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | - | 4% |
Year Founded | 1998 | 1991 |
Year Franchised | 1998 | 1992 |
Term Of Agreement | - | 5/5/5/5 Years |
Term Of Agreement | - | 5/5/5/5 Years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-Site 3-5 Days |
Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: |
Marketing | Ad Templates National Media SEO Website development Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Staybridge Suites is an innovative all-suite hotel meeting the needs of extended-stay guests. Staybridge Suites offers its developers a flexible hotel building design with a mixture of suite options to suit your market, site identification, architectural planning assistance and power of InterContinental Hotels Group enterprise values. Make It Your Place(R).
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.