Handwritten Collection Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Handwritten Collection is a boutique hotel franchise within Accor offering personalized, individually styled properties. Franchisees own and operate the hotels, managing guest services and revenue under brand standards.
FranchiseVerdict summary · 2026
A Handwritten Collection franchise does not disclose total investment in its current FDD, including a $100K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $20.0M
- 60th pct Lodging
- Avg gross sales
- N/A
- 1 outlet
- Royalty
- 5.0%
- 3rd pct Lodging
- Units
- 1
- 8th pct Lodging
- SBA charge-off
- N/A
Quick verdict · Lodging · color = vs category peers
Green = favorable by >10% vs Lodging avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $20.0M including a $100K franchise fee, 5.0% ongoing royalty.
- RETURNSRevenue (audited, ASC 606) consists of franchise fees and sales-based royalty fees from long-term franchise contracts; FY2024 revenue derived from two franchisees (2023: one franchisee). Entity: Accor PME Franchising US Inc.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Accor PME Franchising US Inc.
- Parent company
- Accor SA
- Predecessor
- Accor US Franchising Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer, Accor Americas – PME Division
- Thomas Dubaere
- Incorporated in
- MD
- HQ
- 137 National Plaza, Suite 300, Unit 306, National Harbor, MD 20745
- Auditor
- Forvis Mazars, LLP
- Audited financials
- Franchisor revenue
- $1.1M
- vs $261K prior year
Affiliated brands
- Accor US Franchising
- Accor Business and Leisure North America
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Thomas Dubaere
- Headquarters
- MD
- Founded
- 2023
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $100K | $100K | |
| Conversion Costs (FF&E Plan and PIP) | $5K | $5K | |
| Market Feasibility Study | $0 | $40K | |
| Environmental Assessment | $0 | $3K | |
| Land | $0 | $15.0M | |
| Construction/Leasehold Improvements | $0 | $50.0M | |
| Professional Design Services | $0 | $1.0M | |
| FF&E | $0 | $6.0M | |
| Hotel Integration Project Management Fee | $0 | $6K | |
| Set-up Costs for Reservation System, PMS and Other Distribution Tools | $75K | $500K | |
| Other Software License Fees, Set-up and Training | $0 | $350K | |
| Technology-Related Project Management and IT and Security Standards Compliance Review Fee | $10K | $50K | |
| DT&S Travel Expense Reimbursement | $5K | $30K | |
| Signage | $4K | $150K | |
| Opening Operating Supplies & Equipment | $50K | $2.0M | |
| Extension Fee | $0 | $10K | |
| Insurance | $50K | $200K | |
| Permits and Licenses | $50K | $700K | |
| Utility and Security Deposits | $0 | $1.0M | |
| Training Expenses | $26K | $38K | |
| Total initial investment | $1.4M | $83.2M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $20.0M
- Middle of category vs category
- Liquid capital req'd
- $1.0M – $6.0M
- Middle of category vs category
- Franchise fee
- $100K – $100K
- Middle of category vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 6.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Training fee | $26K |
| Transfer fee | $100K |
| Renewal fee | $50K |
| Inventory (initial) | $50K – $3.0M |
| Total fee load | 6.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Handwritten Collection did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Handwritten Collection unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
0%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Revenue (audited, ASC 606) consists of franchise fees and sales-based royalty fees from long-term franchise contracts; FY2024 revenue derived from two franchisees (2023: one franchisee). Entity: Accor PME Franchising US Inc.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.5% — below the Lodging average of 10.4%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Lodging averages
How Handwritten Collection Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
This is a high-risk opportunity with a financially distressed franchisor, unproven unit economics, minimal system scale, and zero transparency on profitability metrics.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $500,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Forvis Mazars, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 39 / 100 verdict
- 01HIGHGoing Concern status indicates financial distress or viability questions at corporate level
- 02MINOROnly 1 unit in system suggests either brand is new/unproven or existing unit(s) have failed
- 03MINORNo average revenue or net income disclosure prevents ROI validation and suggests poor unit economics
- 04MINORNo territory protection exposes franchisee to direct competition from other franchisees or corporate
- 05MINORUnknown growth trajectory with single unit provides no evidence of scalability or market demand
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 15 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | none |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | Yes |
| Arbitration location | New York, New York |
| Jury trial waiver | Yes |
| Governing law | NY |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 72 hrs
- On-the-job training
- 0 hrs
- Training location
- In Person (At Hotel or Other Designated Location) and/or Virtual
- Ongoing training
- Required
- Site selection
- Franchisor approval required; franchisee proposes site
- Franchisor financing
- Not offered
- Item 10
- POS system
- SilverWare or Oracle Simphony POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: SilverWare or Oracle Simphony POS
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Handwritten Collection · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
What do Handwritten Collection franchise owners earn?
Handwritten Collection does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Handwritten Collection FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Handwritten Collection FDD and qualifies whose outlets they describe.
What is Handwritten Collection's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Handwritten Collection (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Handwritten Collection franchise locations are there?
As of their most recent FDD filing, Handwritten Collection has 1 total units in the United States, including 1 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is Handwritten Collection a good franchise to buy?
FranchiseVerdict rates Handwritten Collection as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Handwritten Collection, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.