Candlewood Suites Franchise Review
Candlewood Suites is graded based on our most recent research.
Franchise FactsCandlewood Suites offers a more casual kind of longer stay with spacious suites that include a fully equipped kitchen and access to various amenities.
How much does a Candlewood Suites franchise cost?Candlewood Suites has a franchise fee of up to $56,500, with a total initial investment range of $7,807,040 to $10,716,900.
- Initial Franchise Fee: $50,000 to $56,500
- Total Investment: $7,807,040 to $10,716,900
- Working Capital: $75,000 to $150,000
- Royalty Fee: 5.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Candlewood Suites franchise make?As with any business, profits from a Candlewood Suites franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.
How many franchise locations do they have?As of the 2017 Franchise Disclosure Document, there are 371 franchised Candlewood Suites locations in the USA.
Are there any Candlewood Suites franchise opportunities near me?Based on 2017 FDD data, Candlewood Suites has franchise locations in 46 states. The largest region is the South with 198 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2017
Candlewood Suites Franchise Stats
$7,807,040 - $10,716,900
$50,000 - $56,500
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 260 hours. This includes 260 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.