TownePlace Suites Franchise

Hotel suites

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TownePlace Suites: The Special Features of Our Extended Stay Hotels For your comfort Our extended stay hotel offers suites that are 25% larger than typical hotel rooms Luxury bedding - crisp linens, fluffier pillows, thicker mattresses Separate living and sleeping areas Three spacious floor plans: studio, 1- and 2-bedroom suites Electronic card-key locks Smoke detectors and sprinklers For your convenience Fully equipped kitchen including conventional full-size refrigerator/freezer, stovetop, oven, coffee maker, microwave, eating utensils, and dishwasher Adjoining studio suites available Suites designed for persons with disabilities available Sofa bed in some suites Separate telephone and data lines Iron and ironing board For your routines & relaxation Free high-speed Internet (in many hotels) Remote-controlled TV with premium channels, including HBO Exercise room & outdoor swimming pool The total investment necessary to begin operation of a newly-constructed prototypical TownePlace Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,180,100 to $19,898,300 for an 80 to 110-suite TownePlace Suites by Marriott hotel and from $13,127,900 to $25,635,600 for a 120 to 150-suite TownePlace Suites by Marriott hotel. This includes approximately $150,300 to $217,100 that must be paid to the franchisor or an affiliate.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of TownePlace Suites, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official TownePlace Suites website.

How much does it cost to open a TownePlace Suites Franchise ?

The investment required to open a TownePlace Suites Franchise is between $9,180,100 - $25,635,600 . There is an initial franchise fee of $50,000 -$100,000 which grants you the license to run a business under the TownePlace Suites name.

Individual Franchise Costs

  • Initial Investment:
    $9,180,100 -
  • Initial Franchise Fee:
    $50,000 - $100,000
  • Royalty Fee:

Expense In-House Third Party
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TownePlace Suites Growth History

When did the first TownePlace Suites open? 1997
When did TownePlace Suites start Franchising ? 1997

Year U.S.A. Canada International Corporate
2007 122 0 0 0


How much does a TownePlace Suites Franchise owner make?

How much money you could make as a TownePlace Suites Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a TownePlace Suites Franchise owner may include rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - $25,635,600
Initial Franchise Fee
$50,000 - $100,000

Sister Companies

TownePlace Suites Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for TownePlace Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an TownePlace Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.