Summerfield Suites Franchise Review
Franchise Facts
How much does a Summerfield Suites franchise cost?
Summerfield Suites has a franchise fee of up to $35,000, with a total initial investment range of $12,322,500 to $16,957,000.- Initial Franchise Fee: $35,000
- Total Investment: $12,322,500 to $16,957,000
- Royalty Fee: 5%
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 Summerfield Suites franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.How many franchise locations do they have?
As of the 2011 Franchise Disclosure Document, there are 0 franchised Summerfield Suites locations in the USA.Are there any Summerfield Suites franchise opportunities near me?
Based on 2011 FDD data, Summerfield Suites has franchise locations in 0 states. The largest region is the West with 0 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: 2011
Summerfield Suites is graded based on our most recent research.
Summerfield Suites Franchise Stats
Total Investment
$12,322,500 - $16,957,000
Franchise Fee
$35,000
Franchise Agreement
Initial Term
20 Years
20 Years
Renewal Term
10 Years
10 Years
Franchisee Outlet Growth
2010
29
29
Ongoing Fees
Royalty
5.0%
5.0%
Ad Fees
N/A
N/A
# of Franchised Outlets
29
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 268 hours. This includes . In their FDD they outline who’s in charge of the training. Unlock to find out more.| Online | 0 |
|---|---|
| On-the-Job | 0 |
| Classroom | 0 |
| Total | 268 |
Do they offer Territory Rights?
Summerfield Suites does NOT offer exclusive territories.Do they have computer and technology support in place?
No. But in some instances, franchises may not need to offer support.When did they begin franchising?
They began franchising in 1999. The average Hotel franchise began franchising in 1998.Do they offer financing support?
Yes, you can also click here to fill out our affordability calculator and understand your financing options.
Our Franchise Analysts have prepared detailed notes about Summerfield Suites, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!
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Unlocking gives you access to this and the questions below. Signing up lets you see all franchises, you get access to our entire research team and industry experts and free advice.
- What are the historical franchisee revenues?
- Do they have any lawsuits?
- Do they provide Veteran or First Responder Discounts?
- Do they provide Minority Discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?