About Candlewood Suites - reg Franchise
Candlewood Suites is a hotel brand specializing in extended-stay accommodations, offering a comfortable and convenient lodging experience.
Franchisees establish and operate hotels, typically featuring 120 suites designed for guests seeking more space and amenities than a traditional hotel room.
The brand caters to travelers requiring longer stays, such as business professionals on assignment or families on extended trips, who value a home-like environment.
Candlewood Suites - reg Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 5.5% of gross sales | Ongoing; paid monthly |
| Total Investment Range | $13,413,650 – $19,461,750 | Includes build-out, inventory, working capital |
The investment range of $13.4M–$19.5M reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is 5.5% of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Application Fee | $60,000 | $60,000 |
| Property Improvement Plan (PIP) Fee | $0 | $10,000 |
| Building Construction | $11,329,500 | $16,456,400 |
| Furniture, Fixtures, and Equipment | $1,295,900 | $1,684,700 |
| Operating Supplies & Equipment | $259,800 | $337,700 |
| Primary Identification Sign | $33,000 | $55,000 |
| PMS Equipment; Software; Installation & Training; IHG Concerto Equipment; NGP Equipment; Software; Installation & Training | $60,000 | $96,000 |
| Guest Internet Access - Hardware (IHG Connect) | $15,000 | $45,000 |
| Guest Internet Access - Bandwidth (IHG Connect) | $500 | $3,000 |
| Key Card System | $11,000 | $16,500 |
| Guest In-Room Entertainment - Hardware, Maintenance, Guest Support, & Content | $10,000 | $12,000 |
| Employee Safety Devices | $14,000 | $16,000 |
| Technology Systems | $66,600 | $113,500 |
| Market Feasibility Study | $15,000 | $30,000 |
| Preopening Support Fee | $6,500 | $6,500 |
| IHG Learning Program: Core Subscription | $2,000 | $2,000 |
| Opening Date Extension Fee | $0 | $5,000 |
| Professional Fees | $115,000 | $275,000 |
| Security Deposits | $2,600 | $26,250 |
| Insurance | $35,000 | $100,000 |
| Hotel Photography | $3,500 | $6,200 |
| Additional Funds - 3 months | $78,750 | $105,000 |
| Total Estimated Initial Investment | $13,413,650 | $19,461,750 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $6.63 per net booking, which may be changed once annually. Non-participating hot |
Candlewood Suites - reg Franchise Earnings — Item 19
Candlewood Suites - reg does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Candlewood Suites - reg Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Candlewood Suites - reg System Growth
Candlewood Suites - reg currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Candlewood Suites - reg Franchise — FAQ
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