Suburban Extended Stay Hotel

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What to know about Suburban Extended Stay Hotel franchise? The franchise offered in this disclosure document is for the rights to own and/or operate a SUBURBAN EXTENDED STAY HOTEL or SUBURBAN LODGE® ("SUBURBAN") hotel business. The franchisee will offer the services and accommodations described in this franchise disclosure document at the franchised location. The franchisee may use SUBURBAN's trademarks, service marks, trade names, logos, and commercial symbols in connection with the franchise operation. The SUBURBAN franchise opportunity offers franchisees the right to construct, own, and/or operate one or more SUBURBAN branded hotels providing extended stay lodging services. The SUB. The franchisee will offer short-term and extended-stay lodging accommodations and related services to the traveling public under the SUBURBAN brand name. A typical SUBURBAN hotel has 60-80 guest rooms and offers a variety of services, including daily housekeeping, on-site laundry facilities, complimentary breakfast, exercise room, business center, meeting space, and wireless internet access. The SUBURBAN franchise opportunity was created for individuals who are interested in the construction, ownership, and/or operation of their own business in the lodging industry. LFSI offers franchisees comprehensive training and support services designed to assist franchisees in the development and operation of their SUBURBAN hotel business. In addition, LFSI provides franchisees with access to its reservation system, marketing programs and purchasing power. Suburban Extended Stay Hotel is based in Rockville, MD. Scroll down to learn more!How much does a Suburban Extended Stay Hotel franchise cost?Are you wondering how much is a Suburban Extended Stay Hotel franchise? Before starting a Suburban Extended Stay Hotel 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 Suburban Extended Stay Hotel franchise is $4,544,801 and can go all the way up to $8,511,544. Keep in mind, you should also allocate additional funds to live off of while the Suburban Extended Stay Hotel 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 Suburban Extended Stay Hotel franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Suburban Extended Stay Hotel business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Suburban Extended Stay Hotel franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.