Comfort Suites Franchise for Sale

Comfort Suites is one of the leading performers in lodging today, positioned to compete in the midscale, limited-service segment. It delivers superior rate performance with a competitive development cost, and features oversized rooms at mid-priced rates, with partially divided sleeping and seating areas.The attractive, inviting design and strong brand recognition make a welcome and familiar stop for travelers everywhere. Plus, as a 100% non-smoking, all-suites hotel, Comfort Suites is very much in keeping with todays travel trends.The Comfort Suites hotel chain is part of the Choice Hotels International family of brands. With more than 65 years experience, Choice Hotels is one of the worlds largest franchisors, with over 6,600 properties open and under development worldwide. All Choice hotels are backed by $175 million in marketing support, a central reservation system that booked $2 billion in gross reservations in 2007, our award-winning guest loyalty program, Choice Privileges,which has over 6 million members and a massive service organization focused entirely on your needs.

VALUE ENGINEERED DESIGN
Hard Construction Costs approximately $63,000-$73,000/key
FF&E/Interior Cost approximately $6,500-$8,500/key
Total Cost approximate cost is $69,500-$81,500 per key.**

 
LOW & INITIAL ONGOING FEES
Initial Fee $500 per room, $50,000 minimum
Royalty Fee A monthly assessment of 5.65% of grossroom revenues
System Fee A monthly assessment of 3.85% of grossroom revenues
Other Fees Please refer to April 1, 2008 Comfort SuitesFranchise Disclosure Document
Term The standard term of the agreement is 10years with a mutual termination date atyear 5 (for conversion contracts only).

Guestroom Features and Services
The new generation of the Comfort Suites guestroom builds on the success of the current layout. New deluxe, wide-bay suites with a more residential character have been introduced on upper floors over the public space. The uniquely configured guestrooms have an entry foyer/dressing area and enhanced suite separation between living and sleeping areas through the use of a decorative screen wall. Spacious single-compartment guest baths include large granite vanities and hair dryers.

Competitive RevPAR Performance
Outperforms its competitive set by delivering superior rate performance with an economical development cost.

Reservation Contribution
In 2007, reservations generated through the Choice Central Reservation System (CRS) represented an average of 37.3% of gross room revenue.**

* Source April 1, 2008 Comfort FDD
** Cost/key is the range of construction and FF&E costs presented in the April 1, 2008 FDD.Excludes land, site work, contractor overhead/profit, design & development fees, operational supplies equipment. Your actual costs may fall outside the estimated ranges described above.

 

This franchise is not currently accepting inquiries with less than $30,000 in liquid capital to invest.
Min. Liquid Capital:
$500,000
Total Investment:
$4,000,000
Financing:
Third Party

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