AFM Hospitality Corporation vs GrandStay Residential Suites Franchise Comparison

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

Start-Up Costs and Fees
 
AFM Hospitality Corporation Franchise
GrandStay Residential Suites Franchise
Investment $2,000,000 - $20,000,000$117,900 - $10,090,200
Franchise Fee $35,000$35,000
Royalty Fee 3%5%
Advertising Fee 4%2%
Year Founded 19912000
Year Franchised 19922000
Term Of Agreement 5/5/5/5 Years-
Term Of Agreement 5/5/5/5 Years-
Renewal Fee --


Business Experience Requirements
 
AFM Hospitality Corporation Franchise
GrandStay Residential Suites Franchise
Experience --

Financing Options
 
AFM Hospitality Corporation Franchise
GrandStay Residential Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
AFM Hospitality Corporation Franchise
GrandStay Residential Suites Franchise
Training On-Site 3-5 Days-
Support Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

-
Marketing --
Operations --

Expansion Plans
 
AFM Hospitality Corporation Franchise
GrandStay Residential Suites Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About GrandStay Residential Suites

"GrandStay
GrandStay Hospitality, LLC offers a hotel franchise opportunity like no other hotel chain.  From franchise conversions to new builds, GrandStay franchisees are backed by a strong, growing lodging company with a unique, technology-driven marketing approach, flexible franchise options and collaborative, one-on-one support designed for success. Click here for our Franchise Brochure
A careful review of the GrandStay Hospitality Franchise Disclosure Document (FDD) is the first step in the application process.  The next step is to complete a GrandStay Hospitality Application.  Once the Franchise Agreement and supporting paperwork are completed and returned with the initial fee, you will begin the GrandStay hotel construction program. We welcome you to join the GrandStay Family!


The total investment necessary to begin operation of a new build GrandStay hotel, other than a GrandStay conference center property, is $5,038,400 to $10,090,200 and $124,900 to $1,021,200 for a conversion property.
The total investment necessary to begin operation of a new build GrandStay conference center is $306,400 to $2,300,200 and $117,900 to $541,200 for a conversion property. In all cases, this includes $35,000 that must be paid to the Franchisor.