The average investment in the Extended Stay sector is $5,097,122. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Extended Stay franchises, 3 have an investment lower than $5,684,980. The average initial investment is skewed because the most expensive franchise in this sector is $12,241,500.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Extended Stay investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much money you can make from a Extended Stay franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Extended Stay sector, 43% disclose a financial performance representation. Of those, only 0% disclose some type of expense data on its franchisee operations.
Unlock our Extended Stay Sector Report to learn which franchises are profitable.