Staybridge Suites

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What to know about Staybridge Suites franchise? The franchisee will establish and operate a hotel under the Staybridge Suites® brand. Staybridge Suites is all about providing guests with a home away from home. With spacious suites, complimentary hot breakfast buffets and plenty of opportunities to socialize, they make it easy for guests to relax and recharge while on the road. As part of the IHG family of brands, Staybridge Suites hotels are located in multiple locations worldwide. Guests can also take advantage of the IHG Rewards Club, the world’s first and largest hotel loyalty program. Whether traveling for business or leisure, Staybridge Suites hotels offer guests comfortable accommodations and all the amenities they need to feel at home. Each suite features a fully equipped kitchen, spacious living area and complimentary Wi-Fi. Guests can also take advantage of the on-site laundry facilities, fitness center and 24-hour business center. Staybridge Suites is based in Atlanta, GA. Scroll down to learn more!How much does a Staybridge Suites franchise cost?Are you wondering how much is a Staybridge Suites franchise? Before starting a Staybridge 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 Staybridge Suites franchise is $16,026,975 and can go all the way up to $24,598,695. Keep in mind, you should also allocate additional funds to live off of while the Staybridge 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 Staybridge Suites franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Staybridge Suites business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Staybridge Suites franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.