Candlewood Suites

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What to know about Candlewood Suites franchise? The franchisee will establish and operate a hotel under the Candlewood Suites brand. Candlewood Suites is the uncomplicated extended stay hotel choice, offering space for guests to settle in and an exceptional value to mid-market business and leisure travelers. A fully equipped kitchen, large workspace and free high-speed internet access in every suite are just a few of the amenities that make Candlewood Suites hotels the ideal choice for our guests. Each hotel offers an outdoor Gazebo Grill and a Lending Locker, providing guests the opportunity to borrow items they were unable to bring. The complimentary fitness center and guest laundry facilities are open around the clock and the Candlewood Cupboard® is open 24 hours for snacks, pre-made entrées, sundries, and fresh brewed coffee. Any or all of these current services or elements may be changed due to changes in the Standards. Candlewood Suites is based in Atlanta, GA. Scroll down to learn more!How much does a Candlewood Suites franchise cost?Are you wondering how much is a Candlewood Suites franchise? Before starting a Candlewood Suites franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Candlewood Suites franchise is $10,758,000 and can go all the way up to $16,467,976. Keep in mind, you should also allocate additional funds to live off of while the Candlewood Suites business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Candlewood Suites franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Candlewood Suites business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Candlewood Suites franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.