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Updated RecentlyGrandStay Residential Suites Franchise
Upper Midscale Hotel
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
- Upper Midscale Market
- Growing Hospitality Brand
- Fresh Approach to Design
- Attractive Amenities
- Proven Business System
- Strong Partnership
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.
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a GrandStay Residential Suites Franchise?
The investment required to open a GrandStay Residential Suites Franchise is between $117,900-$10,090,200. There is an initial franchise fee of $35,000 which grants you the license to run a business under the GrandStay Residential Suites name.
Individual Unit Costs
- Initial Investment:
$117,900-$10,090,200 - Initial Franchise Fee:
$35,000 - Royalty Fee:
5% - Advertising Fee:
2%
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When did GrandStay Residential Suites start Franchising? 2000
United States: Nationwide
To calculate how much income a franchise owner can do at GrandStay Residential 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 GrandStay Residential 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 GrandStay Residential Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
GrandStay Residential Suites
7077 Northland Cir. N., #330
Brooklyn Park,
MN
55428