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| Brand | Sonesta Select / Sonesta Essential Lodging Remove |
|---|---|
| Vitals | |
Investment range | $957K – $18.6M |
Liquid capital | $300K – $600K |
Franchise fee | $65K |
Royalty rate | 5.0% |
Ad fund rate | 3.5% |
| Performance | |
Avg gross sales | N/A |
Median gross sales | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A |
Earnings metric | Not classified |
| Risk | |
Rating | ATop Quintile |
Risk score | 26 / 100 |
SBA charge-off rate | N/A |
SBA loans on record | 18 |
| Scale | |
Total units | 61 |
Net change (latest yr) | N/A |
Turnover rate | 6.6% |
| Contract | |
Initial term (years) | 20 |
Renewal term (years) | 20 |
Initial training (hrs) | 31 |
| Contacts | |
Franchisee phones | 36 |
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