About GrandStay Hotel & Suites Franchise
GrandStay Hotel and Suites is a hospitality franchise offering upper midscale, all suite hotel accommodations.
The brand has been franchising since 2000 and focuses on delivering comfortable extended stay and overnight experiences in both leisure and business travel markets across the Midwest and beyond.
The franchise fee for a GrandStay Hotel and Suites property is $10,000.
GrandStay Hotel & Suites Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $10,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Room Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | You must also spend at least 2% of your Monthly Gross Room Revenues on local adv | National brand fund |
| Total Investment Range | $306,400 – $541,200 | Includes build-out, inventory, working capital |
The investment range of $306K–$541K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Room Revenue) and marketing fee (You must also spend at least 2% of your Monthly Gross Room Revenues on local adv) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Fee | $35,000 | $35,000 |
| Purchase of Land (4) | $0 | $1,050,000 |
| Construction Costs | $0 | $7,000,000 |
| Wages, Travel and Living Expenses for You and Your General Manager During Training (5) | $12,000 | $15,000 |
| Grand Opening Advertising | $7,500 | $10,000 |
| Furniture, Fixtures and Equipment (6) | $50,000 | $1,500,000 |
| Initial Supplies and Inventory | $5,000 | $20,000 |
| Architectural and Engineering Fees | $0 | $100,000 |
| Signs | $12,000 | $70,000 |
| Security, Utility and License Deposits; Impact Fees (7) | $0 | $5,000 |
| Insurance - 6 Months (8) | $0 | $20,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Audit Fee | Payable only if you understate Gross Room Revenues by 2% or more. |
| Interest Charges | The lesser of 18% per annum or the maximum legal rate allowable by applicable la |
| Training Fee | $300 |
| Opening Assistance | $300 |
| Operating Assistance | $300 |
| Photo Distribution Fee | $65 |
| Convention | $250 |
| Reacquisition Fee | $10,000 |
| Grand Returns | 5% of the room charge for the points awarded |
| Purchase of Land (4) | $500,000 |
| Construction Costs | $3,500,000 |
| Wages, Travel and Living Expenses for You and Your General Manager During Traini | $12,000 |
| Furniture, Fixtures and Equipment (6) | $750,000 |
| Initial Supplies and Inventory | $15,000 |
| Architectural and Engineering Fees | $50,000 |
| Signs | $12,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 1 hours classroom |
| Classroom Training | 1 hours |
| Training Location | GrandStay Corporate Headquarters or designated location |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | The term of the Franchise Agreement starts when the Franchise Agreement is signed and continues until the 20th anniversary of the opening of your GrandStay property. |
| Renewal Term | 20 years |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
GrandStay Hotel & Suites Franchise Earnings — Item 19
GrandStay Hotel & Suites 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.
GrandStay Hotel & Suites 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.
GrandStay Hotel & Suites System Growth
GrandStay Hotel & Suites currently operates 34 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 34 | ||
| 2019 | 0 | ||
| 2019 | 34 | ||
| 2020 | 33 | ||
| 2020 | 0 | ||
| 2020 | 33 | ||
| 2021 | 33 | ||
| 2021 | 0 | ||
| 2021 | 33 |
GrandStay Hotel & Suites Franchise — FAQ
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