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Thursday
May132010

AmeriSuites Franchise

Hotel chain

Founded in 1985, AmeriSuites opened its first hotel in Duluth, Georgia, in 1990. The chain, which is operated by Prime Hospitality Corp., operates all-suites hotels throughout the United States.

Start-up Costs & Franchises Fees

What is the total cost to open a AmeriSuites Franchises?

Total Cost: $5,900,000 USD -$9,700,000 USD
Total Franchise Fees: Not Available
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 20 years

Contact Information for AmeriSuites

AmeriSuites Franchising Inc.
700 Rte. 46 E.
Fairfield, NJ
07007-2700

Phone Number: (973)882-1010
Fax Number: (973)882-1991

Franchise Homepage:

AmeriSuites In the Press

No results at this time.

Historical Expansion

In what year did AmeriSuites begin operations? 1985
When did AmeriSuites begin selling franchises? 1998

Year United States Canada International Corporate
2003 50 0 0 100
2002 33 0 0 110
2001 29 0 0 112
2000 17 0 0 123
1999 5 0 0 89

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Training & Support

Training
2 weeks of additional training
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
National media, Regional advertising support

Franchise Operation Restrictions

40% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 20 - 25

Absentee ownership of franchise is allowed. (60% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.