GrandStay Hospitality LLC
Hotels

GrandStay Hospitality LLC
Hotels

About
Founded

2000

Franchising Since

2000 (19 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

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

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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