AFM Hospitality Corporation vs stayAPT Suites Franchise Comparison

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

Start-Up Costs and Fees
 
AFM Hospitality Corporation Franchise
stayAPT Suites Franchise
Investment $2,000,000 - $20,000,000$4,148,500 - $7,616,000
Franchise Fee $35,000N/A
Royalty Fee 3%-
Advertising Fee 4%-
Year Founded 19912018
Year Franchised 19922018
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
stayAPT Suites Franchise
Experience --

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

Training & Support
 
AFM Hospitality Corporation Franchise
stayAPT 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
stayAPT 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 stayAPT Suites

"stayAPT
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.