stayAPT Suites
Company Information
10801 Monroe Road, Suite 200 Matthews, NC 28105
stayAPT's principal business address is 10801 Monroe Road, Suite 200, Matthews, North Carolina 28105 and its telephone number is (980) 368-8100. stayAPT is a Delaware limited liability company formed on October 29, 2018 and conducts business under its entity name, the name stayAPT Suites and also under the name Affordable Suites of America™. stayAPT does not conduct any business apart from franchising extended-stay properties under the two brands StayAPT Suites and Affordable Suites of America and undertakes related activities such as enter into vendor contracts for marketing services and FF&E related to the brands. stayAPT does not own or operate the franchise being offered, but as discussed below, its affiliates do. stayAPT's agents for service of process are disclosed in Exhibit A to this disclosure document.
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Franchise Rating
Franchimp Summary Rating
7/10
Investment Accessibility
7/10
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $40,000 Maximum: $42,500
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $7,524,900 Maximum: $12,899,400
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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