WoodSpring Suites Franchise Review
How much does a WoodSpring Suites franchise cost?WoodSpring Suites has a franchise fee of up to $5,000, with a total initial investment range of $5,035,000 to $7,031,000.
- Initial Franchise Fee: $5,000
- Total Investment: $5,035,000 to $7,031,000
- Working Capital: $30,000 to $200,000
- 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 WoodSpring Suites franchise make?Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2015 Franchise Disclosure Document, there are 92 franchised WoodSpring Suites locations in the USA.
Are there any WoodSpring Suites franchise opportunities near me?Based on 2015 FDD data, WoodSpring Suites has franchise locations in 22 states. The largest region is the South with 65 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: 2015
WoodSpring Suites is graded based on our most recent research.
WoodSpring Suites Franchise Stats
$5,035,000 - $7,031,000
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 0 hours. This includes . In their FDD they outline who’s in charge of the training. Unlock to find out more.