Mainstay Suites

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What to know about Mainstay Suites franchise? The franchise offered in this disclosure document is for the rights to own and/or operate a MAINSTAY SUITES ("MAINSTAY SUITES") hotel business. The franchisee will offer the services and product lines associated with the operation of a hotel business under the MAINSTAY SUITES name and mark. These services and product lines will include, without limitation, accommodations, housekeeping, laundry, food and beverage service, meeting and banquet facilities, and other ancillary services which are now or may in the future be performed or offered by franchisees under the MAINSTAY SUITES name and mark. The franchisee will also use the MAINSTAY SUITES trade dress in connection with operating its hotel business. The MAINSTAY SUITES franchise system is based upon developing, owning, and/or operating a limited service, select-service, or extended stay hotel business which offers temporary lodging accommodations to the traveling public under the MAINSTAY SUITES name and mark. The MAINSTAY SUITES hotel concept is designed to appeal to a wide range of potential guests, including business travelers on short or extended assignments, tourists, and persons relocating due to work or other reasons. Mainstay Suites is based in Rockville, MD. Scroll down to learn more!How much does a Mainstay Suites franchise cost?Are you wondering how much is a Mainstay Suites franchise? Before starting a Mainstay 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 Mainstay Suites franchise is $256,950 and can go all the way up to $13,720,697. Keep in mind, you should also allocate additional funds to live off of while the Mainstay 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 Mainstay Suites franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Mainstay Suites business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Mainstay Suites franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.