FranchiseVerdict
Marriott Hotel / JW Marriott logo
FV-01575·MODERATEStandard71

Marriott Hotel / JW Marriott

Formerly known as Lightspeed Restoration

Lodging - Hotels & MotelsFranchising since 1968Website
Investment
93rd pct Hotels & Mote…
Avg revenue
7th pct Hotels & Mote…
Royalty
6.0%
74th pct Hotels & Mote…
Units
369
85th pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment — including a $100K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 55/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • 20 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
MIF, L.L.C.
Parent company
Marriott International, Inc.
Incorporated in
Delaware
HQ
7750 Wisconsin Avenue, Bethesda, Maryland 20814
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$103.3M
vs $147.5M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Marriott Hotel / JW Marriott unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: hospitality
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
Working capital
$
FDD reports $1.1M–$2.4M

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
13.0%
Total invested
$2.0M
Payback
243 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees acquire and operate upscale hotel properties under the JW Marriott brand, managing day-to-day operations including housekeeping, front desk, food & beverage, maintenance, and guest services. Franchisees assume capital investment in property, staff, and brand standards compliance while paying 6% royalty on room revenue and 3% on F&B revenue, plus mandatory participation in Marriott's reservation, loyalty, and marketing systems.

CEO
Anthony Capuano
Founded
2012
FDD year
2026
States available
40

Item 7 · what it costs

The Vitals

Total investment
All-in to open one unit
Liquid capital
$1.1M – $2.4M
Cash you must have on hand
Franchise fee
$100K
Royalty
6.0%
Gross room sales and food and beverage sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
369
Opened
7
Last reporting year
Closed
2
Turnover rate
0.5%
Company-owned
119
Corporate units in the system
% franchised
68%
vs corporate-owned
Net growth (yr3)
+2.0%
Net unit change last year
3-yr CAGR
+2.0%
Compounded over last 3 years
2024
250+1
Franchised units
2025
245
Franchised units
2026
245
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 5 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 5 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

55
Risk · 0-100
MODERATE55 / 100

JW Marriott presents moderate-to-cautionary risk: stagnant growth, material litigation exposure, opaque financials, and heavy royalty load without disclosed profitability benchmarks.

Score breakdown · what drove the 55 / 100 rating

  1. 01MINORMinimal unit growth (2.0% YoY) suggests market saturation or franchisee dissatisfaction in luxury hotel segment
  2. 02MINORNo Item 19 financial disclosure prevents validation of actual franchisee profitability claims despite 6% + 3% royalty burden
  3. 03HIGHSignificant ongoing litigation from 2018 Starwood data breach, resort fee investigations, and antitrust claims creates operational and reputational risk
  4. 04MEDHigh capital barrier and 20-year commitment with no disclosed average net income creates asymmetric risk for franchisee vs. franchisor
  5. 05MINORLuxury hotel segment vulnerable to economic downturns, travel disruption, and labor cost inflation affecting already-thin margins

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius or specific boundary
Protected territory
Yes
Initial term
20 years
Renewal term
0 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
20
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Maryland

Item 11

Training & Operations

Classroom training
95 hrs
On-the-job training
0 hrs
POS system
Simphony POS system from Oracle
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(912) 233-••••
CA
(407) 995-••••
CA
(941) 304-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Marriott Hotel / JW Marriott · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above