My Place Hotels Franchise

Hotels


My Place Hotels of America logo

Launched in 2014, My Place Hotels is America’s foremost extended stay hotel chain.
The brand was founded on the principles of delivering superior quality
and the highest customer service for our guests, while at the same time,
providing our franchisees with a uniquely effective business model.

At My Place Hotels, ensuring the safety and security of our guests and hotel associates remains our highest priority. To build upon that commitment, we have launched a program to enhance already high standards for the long-term health and safety of our guests and team members.






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Please Note: The operators of My Place Hotels, 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 My Place Hotels website.

How much does it cost to open a My Place Hotels Franchise?

The estimated investment required to open a My Place Hotels Franchise is between $4,108,050-$5,709,950. There is an initial franchise fee of $30,000 which grants you the license to run a business under the My Place Hotels name.

Individual Unit Costs

  • Initial Investment:
    $4,108,050-$5,709,950
  • Initial Franchise Fee:
    $30,000
  • Royalty Fee:
    N/A
  • Advertising Fee:
    N/A



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When did the first My Place Hotels open? 2014
When did My Place Hotels start Franchising? 2014

To calculate how much income a franchise owner can do at My Place Hotels 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 My Place Hotels 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 My Place Hotels franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

My Place Hotels


1910 8th Avenue Northeast
Aberdeen, SD
57401

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