How Much Does a ECHO Suites Extended Stay by Wyndham Franchise Cost?

Initial Franchise Fee

The initial franchise fee for ECHO Suites Extended Stay by Wyndham is $40K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a ECHO Suites Extended Stay by Wyndham franchise requires a total investment of $11.6M – $17.4M. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $63K to $94K.

Ongoing Costs

Beyond the initial investment, ECHO Suites Extended Stay by Wyndham franchisees pay ongoing fees. The royalty fee is 5.0% of gross sales (Percentage of Gross Room Revenues). The advertising or brand fund contribution is 3.5% of gross sales. There is also a technology fee of $734.

Net Worth & Liquid Capital Requirements

ECHO Suites Extended Stay by Wyndham requires working capital of $63K – $94K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.