Comfort Suites Franchise

Lodging



Choice Hotel's premier midscale, limited service,
all-suites brand.

 

The total investment necessary to convert an existing hotel and begin
operation of an 80-room COMFORT hotel franchise is between
$307,125-$1,967,495. The total investment necessary to begin operation
of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES
hotel franchise is between $4,638,625-$8,393,895, and the total
investment necessary to begin operation of a newly constructed 86-room
COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This
includes the following fees that must be paid to the franchisor or its
affiliates as follows: an affiliation fee of $500 per room for new
franchises, $750 per room for transfers and renewals ($50,000 minimum
for new franchises, $65,000 minimum for transfers and renewals); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
between $0 and $3,245 per person. These sums do not include the cost of
purchasing or leasing land or any real estate taxes.





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Please Note: The operators of Comfort Suites, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Comfort Suites website.

How much does it cost to open a Comfort Suites Franchise?

The estimated investment required to open a Comfort Suites Franchise is between $307,125-$9,243,275. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Comfort Suites name.

Individual Unit Costs

  • Initial Investment:
    $307,125-$9,243,275
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    5.65%
  • Advertising Fee:
    3.85%
  • Term of Agreement:
    20 years



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When did the first Comfort Suites open? N/A
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To calculate how much income a franchise owner can do at Comfort 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.

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Legal Disclaimer: This information is not a franchise offering for Comfort 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 Comfort Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Comfort Suites

Comfort Suites

1 Choice Hotels Circle, Suite 400
Rockville, MD
20850

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