|
Extended-stay hotels
The investment required to open a Suburban Franchise is between $149,175-$8,513,044. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Suburban name.
Choice Hotels Names Caroline Racine Director, Caribbean Franchise Development
Worldwide lodging
franchisor Choice Hotels International (NYSE: CHH) today announced that it
has named Caroline Racine to the position of director, Caribbean franchise
development. In her new role, Caroline will be responsible for increasing
the brand awareness and distribution of Choice's 10 br...
Choice Hotels Acquires Suburban Franchise Systems, Inc. For Approximately $10.5 Million
Choice Hotels International, Inc. (NYSE:CHH) today announced it has acquired Suburban Franchise Holding Company, Inc., and its subsidiary, Suburban Franchise Systems, Inc. With the addition of the 67-property Suburban Extended Stay Hotels chain to the Choice system, Choice enters the economy extend...
Elite Hospitality's Manoj Bhoola Elected To Suburban Franchise Systems Board Of Directors
It was announced today that Manoj Bhoola, President & COO of Elite Hospitality, Inc. has been elected to the Board of Directors of Suburban Franchise Systems, Inc., a franchisee-owned company with 68 Suburban Extended Stay Hotels operating in the United States.
Mr. Bhoola was elected at the Subur...
President Of Suburban Franchise Systems, Kevin Lewis, Elected Chairman Of The Ah&la Extended Stay Lodging Council
The president of Suburban Franchise Systems, Kevin Lewis, has been elected chairman of the AH&LA Extended Stay Lodging Council (ESLC) for a two-year term.
Lewis succeeds Jim Anhut, SVP brand management for Staybridge Suites, who had served as the committee chair since 1999. Steve Hymans, VP brand...
Suburban Lodges Of America Unveils New Design Prototype
Suburban Lodges of America, Inc., the nation's largest economy extended stay hotel company, announces Extel 2001, its latest Suburban Lodge prototype. A press conference was held to unveil the innovative new design at the Asian American Hotel Owners Association (AAHOA) Convention in Las Vegas.
Ext...
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming,
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | No | No |
Startup Costs | No | No |
Equipment | No | No |
Inventory | No | No |
Accounts Receivable | No | No |
Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, Regional advertising
80% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 6 - 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Suburban Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Suburban and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Suburban franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Suburban Franchise Systems Inc.
1 Choice Hotels Circle, Suite 400
Rockville,
MD
20850