About Candlewood Suites - exempt Franchise
Candlewood Suites is a distinctive, high-quality extended stay hotel brand, offering an uncomplicated experience for mid-market business and leisure travelers.
Franchisees establish and operate hotels, providing guests with fully equipped kitchens, large workspaces, and free high-speed internet in every suite.
The concept appeals to those seeking exceptional value and space to settle in, complemented by amenities like an outdoor Gazebo Grill, Lending Locker, 24-hour fitness center, guest laundry, and the Candlewood Cupboard for snacks and sundries.
Candlewood Suites - exempt Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 5.5% of gross sales | Ongoing; paid monthly |
| Total Investment Range | $10,758,000 – $16,467,976 | Includes build-out, inventory, working capital |
The investment range of $10.8M–$16.5M reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is 5.5% of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Application Fee | $54,000 | $54,000 |
| Property Improvement Plan (PIP) Fee | $0 | $7,500 |
| Building Construction | $8,601,700 | $13,430,000 |
| Furniture, Fixtures, and Equipment | $1,357,600 | $1,764,900 |
| Operating Supplies & Equipment | $209,300 | $272,100 |
| Primary Identification Sign | $30,000 | $50,000 |
| PMS Equipment; Software; Installation & Training; IHG Concerto Equipment; NGP/Payments Equipment; Software; Installation & Training | $83,000 | $96,000 |
| Guest Internet Access - Hardware (IHG Connect) | $22,750 | $49,000 |
| Key Card System | $10,000 | $15,000 |
| In Room Entertainment (IHG Studio) | $10,000 | $12,000 |
| Employee Safety Devices | $16,000 | $19,000 |
| Technology Systems | $55,800 | $64,180 |
| Market Feasibility Study | $15,000 | $30,000 |
| Openings and Renovations Preopening Support Fee | $6,000 | $6,000 |
| IHG Learning Program: Core Subscription | $2,000 | $2,000 |
| Opening Date Extension Fee | $0 | $5,000 |
| Sales and Marketing Materials and other Pre-opening Costs | $50,000 | $100,000 |
| Professional Fees | $115,000 | $253,846 |
| Security Deposits | $2,600 | $26,250 |
| Insurance | $35,000 | $100,000 |
| Hotel Photography | $3,500 | $6,200 |
| Additional Funds - 3 months | $78,750 | $105,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $6.63 per net booking, which may be changed once annually. Non-participating hot |
Candlewood Suites - exempt Franchise Earnings — Item 19
Candlewood Suites - exempt does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Candlewood Suites - exempt Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Candlewood Suites - exempt System Growth
Candlewood Suites - exempt currently operates 406 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Candlewood Suites - exempt Franchise — FAQ
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