Value Place Franchise

Short-term residential properties

NO LONGER FRANCHISING: If this is a mistake please contact our Franchise Support for update.
Convenient Options for Temporary Housing Enjoy the convenience of fully furnished suites and amenities that help you feel at home. Whether you’re traveling for work, moving to a new city, visiting family, remodeling you home, or you just need a place to stay for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs. How to Save Even More With Our Monthly Pre-Paid Rates Search for your destination on WoodSpring.com with a date range of 28+ nights. Look for our exclusive "Stay Longer and Save-- rates. Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay. The price you see, plus taxes and fees, is the price you’ll pay. The rate you see is the discounted rate for your 28+ night stay. Planning a shorter visit? Check out our affordable weekly rates.

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 Value Place, 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 Value Place website.

How much does it cost to open a Value Place Franchise ?

The investment required to open a Value Place Franchise is between $5,035,000 - $7,031,000 . There is an initial franchise fee of $5,000 which grants you the license to run a business under the Value Place name.

Individual Franchise Costs

  • Initial Investment:
    $5,035,000 -
  • Initial Franchise Fee:
    $5,000
  • Royalty Fee:
    5%
  • Term of Agreement:
    20 years
  • Renewal Fee:
    50% of current fran. fee

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Value Place Growth History

When did the first Value Place open? 2003
When did Value Place start Franchising ? 2004

Year U.S.A. Canada International Corporate
2006 11 0 0 12
2005 2 0 0 5
2004 0 0 0 2
2003 0 0 0 1


How much money you could make as a Value Place 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 Value Place Franchise owner may include royalty fees, 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
$5,000 - $7,031,000
Initial Franchise Fee
$5,000
Royalty Fee
5%
Term of Agreement
20 years
Renewal Fee
50% of current fran. fee
Value Place Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Value Place 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 a Value Place franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.