GrandStay Hospitality LLC
Hotels

GrandStay Hospitality LLC
Hotels

About
Founded

2000

Franchising Since

2000 (18 Years)

Corporate Address

7077 Northland Cir. N., #330
Brooklyn Park, MN 55428

CEO

Jon Kennedy

Financial Requirements
Initial Investment

$306,400 - $8,790,200

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$1,000,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

96 hours

Classroom Training:

16 hours

Additional Training:

At annual conference

Absentee Ownership Allowed
Number of Employees Required to Run:

15

Cost
Initial Investment: Low - $306,400 High - $8,790,200
Units
+3.4%+1 UNITS (1 Year) +20.0%+5 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 11th, 2017
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.