FranchiseVerdict
Sonesta Simply Suites logo
FV-02389·MODERATEExcellent86

Sonesta Simply Suites

Lodging - Hotels & MotelsFranchising since 2021Website
Investment
$14.0M – $19.2M
78th pct Hotels & Mote…
Avg revenue
$2.1M
6th pct Hotels & Mote…
Royalty
5.0%
7th pct Hotels & Mote…
Units
67
56th pct Hotels & Mote…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $14.0M – $19.2M including a $50K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.1M/year (median $1.9M).
  • Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • 22 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
Sonesta RL Hotels Franchising Inc.
Parent company
Red Lion Hotels Corporation (RLHC)
Incorporated in
Washington
HQ
400 Centre Street, Newton, Massachusetts 02458
Auditor
Deloitte & Touche LLP
Audited financials
Franchisor revenue
$58.5M
vs $51.1M 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 Sonesta Simply Suites unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,130,870
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
$
FDD Item 7: $14.0M–$19.2M
Working capital
$
FDD reports $301K–$453K

Unlevered ROIC · per unit

1%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$245K
EBITDA margin
11.5%
Total invested
$17.0M
Payback
832 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Sonesta Simply Suites units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.9M

on $9.6M purchase

Total debt

$7.7M

SBA $4.8M + senior + seller note

Overview

About

Franchisees develop and operate select-service extended-stay hotel properties under the Sonesta Simply Suites brand. Day-to-day operations include managing housekeeping, front desk, maintenance, and revenue optimization across a typically 100+ room inventory while adhering to brand standards. Franchisees retain responsibility for property-level P&L, staffing, and guest satisfaction, with revenue concentrated in nightly room rates (subject to the 5% royalty).

CEO
Keith Pierce
Founded
1986
FDD year
2026
States available
23

Item 7 · what it costs

The Vitals

Total investment
$14.0M – $19.2M
All-in to open one unit
Liquid capital
$301K – $453K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Rooms Revenue · typical 6–8%
Ad fund
3.5%
typical 3–5%
Total fee load
17.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.1M
Per unit, per year
Median gross sales
$1.9M
Item 19 type
RevPAR, ADR, Occupancy, and Contribution
Sample size
62 units
vs category median 100
Range (low → high)
$564K$5.9M
Cohort dispersion
Transparency
4 / 5
vs category median 0 / 5 · above
Revenue rank6th
vs Lodging - Hotels & Motels peers
Investment cost rank78th
Lower investment ranks lower (better)
Royalty rate rank7th
Lower royalty = lower percentile (better)
Unit count rank56th
vs Lodging - Hotels & Motels peers
Risk score rank59th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
67
Opened
42
Last reporting year
Closed
2
Turnover rate
3.0%
Company-owned
10
Corporate units in the system
% franchised
85%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2024
57+40
Franchised units
2025
17
Franchised units
2026
14
Franchised units

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

Item 20 · 15 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 · 15 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

67
Risk · 0-100
MODERATE67 / 100

Sonesta Simply Suites presents elevated risk: undisclosed unit economics, explosive unit growth masking potential retention issues, substantial litigation history, and lack of territorial protection in a capital-intensive hospitality franchise with no going concern statement.

Score breakdown · what drove the 67 / 100 rating

  1. 01MEDNo Item 19 (Average Unit Volume) disclosed — cannot validate $2.13M average revenue claim or profitability
  2. 02MINORAggressive unit growth (235% YoY) suggests recruitment over retention; sustainability unclear
  3. 03MED22 disclosed lawsuits including tortious interference with Radisson and 14 breach/collection cases against franchisees — indicates systemic franchisor-franchisee conflict
  4. 04MEDHigh initial investment ($14M–$19.2M) paired with 5% royalty on gross rooms revenue leaves limited margin for error
  5. 05MINORNo protected territory in hospitality market creates direct competition risk between franchisees
  6. 06HIGH20-year term locks capital long-term with no going concern assurances from parent company
  7. 07MINOR235% YoY unit growth is unsustainable and may reflect franchise recruitment bubble rather than organic success

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Protected territory
No
Initial term
20 years
Renewal term
20 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
22
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Massachusetts

Item 11

Training & Operations

Classroom training
33 hrs
On-the-job training
0 hrs
POS system
Shift4
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

25 numbers

Locked
(410) 576-••••
MD
(503) 378-••••
OR
(212) 416-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Sonesta Simply Suites · FDD (2026) PDF

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