GrandStay Residential Suites vs Everhome Suites Franchise Comparison

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

Start-Up Costs and Fees

 
GrandStay Residential Suites Franchise
Everhome Suites Franchise
Investment $117,900 - $10,090,200$10,108,350 - $12,101,869
Franchise Fee $35,000N/A
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 2000-
Year Franchised 2000-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
GrandStay Residential Suites Franchise
Everhome Suites Franchise
Experience --

Financing Options

 
GrandStay Residential Suites Franchise
Everhome Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
GrandStay Residential Suites Franchise
Everhome Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
GrandStay Residential Suites Franchise
Everhome Suites Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.



About Everhome Suites

"Everhome
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
The total investment necessary to begin operation of a 113-room newly constructed Everhome Suites hotel franchise is between $10,108,350 and $12,101,869. This includes an affiliation fee of $50,000 for properties with 113 rooms or less, $300/per room for each additional room and $550 per room for transfers and renewals ($50,000 minimum); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its affiliates. These sums do not include the cost of purchasing or leasing land or any real estate taxes.