How Much Does a Everhome Suites Franchise Cost?
Data from the 2024 Franchise Disclosure Document
Investment Summary
Total Investment
$12.7M – $16.2M
Franchise Fee
$50K
Royalty
6.0%
Ad Fund
2.5%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Everhome Suites is $50K. 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 Everhome Suites franchise requires a total investment of $12.7M – $16.2M. 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 $250K to $495K.
Ongoing Costs
Beyond the initial investment, Everhome Suites franchisees pay ongoing fees. The royalty fee is 6.0% of gross sales (Gross Room Revenues). The advertising or brand fund contribution is 2.5% of gross sales. There is also a technology fee of $472.
Net Worth & Liquid Capital Requirements
Everhome Suites requires working capital of $250K – $495K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Everhome Suites does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
Next Steps
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