GrandStay Residential Suites vs stayAPT Suites Franchise Comparison

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

Start-Up Costs and Fees

 
GrandStay Residential Suites Franchise
stayAPT Suites Franchise
Investment $117,900 - $10,090,200$4,148,500 - $7,616,000
Franchise Fee $35,000N/A
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20002018
Year Franchised 20002018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
GrandStay Residential Suites Franchise
stayAPT Suites Franchise
Experience --

Financing Options

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

Training & Support

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

Expansion Plans

 
GrandStay Residential Suites Franchise
stayAPT 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 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.