4/10

Franchimp Summary Rating

7 /10
Lower than 32% of peers

Franchise Summary

Description
ESH Strategies Franchise LLC is offering franchises for EXTENDED STAY AMERICA SUITES™ hotels that provide extended stay and transient guest lodging services for self-sufficient, value conscious guests.
Company Background
Extended Stay America is the leading brand in the extended stay segment of the lodging industry. The company provides affordable, quality accommodations for guests who are seeking longer term stays. Extended Stay America offers a well-appointed, fully equipped kitchen complete with refrigerator and stovetop to help guests feel at home during their stay. We also provide free high-speed Internet access so you can maintain your work schedule while away from home. Extended Stay America has been ranked among Forbes Magazine's Best Franchises to Buy for five consecutive years and was recently named one of Entrepreneur Magazine's top 500 franchises in North America. The Company is offering franchises for Extended Stay America hotels that provide extended stay and transient guest lodging services for self-sufficient,
Franchise Opportunity
Guests want to stay in a hotel that offers amenities and services like laundry, kitchen appliances, internet access, wifi and more. Extended Stay America is the largest extended-stay hotel brand in North America with over 700 hotels nationwide. We offer guests a choice of studio suites or one-bedroom apartments at affordable rates for stays 7 days or longer. All our guestrooms are fully furnished including a full kitchen appliance set, dining area and separate living room areas so you can feel right at home while staying with us! We also have an onsite fitness center where you can work out during your stay as well as free high speed Internet access available throughout all of our locations. Our hotels provide many other features such as swimming pools, business centers and complimentary grocery shopping service which allow you to save money while traveling. Owning an Extended Stay Hotels franchise allows you to join the fastest growing segment in the lodging industry today! Your success is supported by ESH
Corporate Structure
We are a Delaware limited liability company formed on September 16, 2010. For purposes of this Disclosure Document, we do business under the name EXTENDED STAY AMERICA. Our principal business address is 11525 N. Community House Rd., Suite 100, Charlotte, North Carolina 28277 USA. Our telephone number is (844) 542 4148. We offered franchises for EXTENDED STAY AMERICA hotels from August 1, 2017 through March 2021. In March 2021 this mark was modified, and we began offering franchises under only the modified mark EXTENDED STAY AMERICA SUITES™. We also began offering franchises for the EXTENDED STAY AMERICA PREMIER SUITES™ brand in March 2021. This brand features upgraded amenities and targets higher rated extended stay guest segments. We have never owned or operated EXTENDED STAY AMERICA SUITES™ hotels or other businesses of the type being franchised. Those businesses are operated by our affiliates as described below.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Extended Stay America Franchise System Development in 2022

FAQ

How much investment do I need to start my own Extended Stay America business?
Franchisees typically require at least $8 to $11 investment to get their Extended Stay America business started
What are the initial franchise fees for Extended Stay America?
Franchisees typically need to pay at least $40 in fees directly to Extended Stay America in order to earn the right to launch their business
How much money can I make with a Extended Stay America franchise? What are the average revenues for a typical Extended Stay America business?
We haven’t done the math on how much revenue a typical Extended Stay America brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Extended Stay America to generate a similar amount
How long do I need to commit to running a Extended Stay America unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

7 /10
The Franchisor's investment costs ranges from $8,498,910 to $11,097,646 which is Much Lower than the $0 to $0 average in the Lodging industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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