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Lodging
The investment required to open a Candlewood Suites Franchise is between $7,807,040-$10,716,900. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Candlewood Suites name.
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | N/A | Yes |
Startup Costs | N/A | Yes |
Equipment | N/A | Yes |
Inventory | N/A | Yes |
Accounts Receivable | N/A | Yes |
Payroll | N/A | Yes |
Training
On-The-Job Training: Varies
Classroom Training: Varies
Support
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing
Ad Templates
National Media
SEO
Loyalty program/app
To calculate how much income a franchise owner can do at Candlewood Suites 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 Candlewood Suites 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 Candlewood Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
InterContinental Hotels Group
8621 E. 21st St. N., # 200
Wichita,
KS
67206