WoodSpring Suites

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Founded

2003

Started franchising

2004

Industry
Hotels
Sub industry

WoodSpring Suites offers extended stay hotel accommodations, providing simple and functional suites with kitchenettes for guests seeking practicality.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$8,277,000
 - 
$10,946,000

Initial franchise fee

?

$50,000

Royalty fee

?

6.00%

Advertising fee

?

2.50%

Revenue (AUV)

?

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Undisclosed

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Operating Profit

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Undisclosed

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Franchised units

?

212

+
-27%
(
-79
)
-27%
(
-79
)

vs. 2 years ago

Company-owned units

?

0

Total units

?

212

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2023

212

0

212

302

0

302

291

0

291

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

WoodSpring Suites
Hotels
franchises
franchises

Operating Profit

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Undisclosed

Sales : Investment ratio

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Undisclosed

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n.a.

Investment Payback

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Undisclosed

n.a.

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Franchise Disclosure Document

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2,124 franchises
Franchise fees
Total investment

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150+ industry benchmarks
Revenue (AUV)

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Profitability metrics

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Investment Payback (ROI)

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COMPETITORS OF

WoodSpring Suites

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

212

+
-27%
-27%
No growth

$50,000

$8,277,000

-

$10,946,000

Undisclosed

Pro
Pro
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ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

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