StayApt Suites

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What to know about StayApt Suites franchise? A stayAPT Suites™ hotel (singularly “Hotel,” collectively “Hotels”) is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees the right to develop a Hotel under a Franchise Agreement. Franchisee will provide hotel services under the name “stayAPT Suites™.” StayApt Suites is based in Matthews, NC. Scroll down to learn more!How much does a StayApt Suites franchise cost?Are you wondering how much is a StayApt Suites franchise? Before starting a StayApt 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 StayApt Suites franchise is $5,030,500 and can go all the way up to $8,473,200. Keep in mind, you should also allocate additional funds to live off of while the StayApt 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 StayApt Suites franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a StayApt Suites business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your StayApt Suites franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.