Start-Up Costs and Fees |
||
| Hospitality | stayAPT Suites | |
| Investment | 133600 - 2602000 | 4148500 - 7616000 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | |
| Advertising Fee | ||
| Year Founded | 1971 | 2018 |
| Year Franchised | 1982 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | stayAPT Suites | |
| Experience | ||
Financing Options |
||
| Hospitality | stayAPT Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | stayAPT Suites | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | stayAPT Suites | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| stayAPT Suites | |
| Franchise Fee | |
| Hospitality | |
| stayAPT Suites | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| stayAPT Suites | |
| Advertising Fee | |
| Hospitality | |
| stayAPT Suites | |
| Year Founded | |
| Hospitality | 1971 |
| stayAPT Suites | 2018 |
| Year Franchised | |
| Hospitality | 1982 |
| stayAPT Suites | 2018 |
| Term Of Agreement | |
| Hospitality | 5 years |
| stayAPT Suites | |
| Renewal Fee | |
| Hospitality | |
| stayAPT Suites | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| stayAPT Suites | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| stayAPT Suites | No |
| Start-up Costs | |
| Hospitality | |
| stayAPT Suites | |
| Equipment | |
| Hospitality} | |
| stayAPT Suites | |
| Inventory | |
| Hospitality | |
| stayAPT Suites | |
| Receivables | |
| Hospitality | |
| stayAPT Suites | |
| Payroll | |
| Hospitality | |
| stayAPT Suites | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| stayAPT Suites | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| stayAPT Suites | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| stayAPT Suites | |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| stayAPT Suites | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| stayAPT Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| stayAPT Suites | |
| International Expansion | |
| Hospitality | |
| stayAPT Suites | |