WoodSpring Suites is an extended-stay hotel brand franchised by Choice Hotels International, one of the world's largest hotel franchisors. Properties offer furnished rooms with kitchen facilities, easy check-in, one-week stays, and…
Total Investment
$6.5M – $8.0M
Franchise Fee
N/A
Royalty Rate
N/A
Total Units
302
Franchising Since
2018
🌻About WoodSpring Franchise
WoodSpring Suites is an extended-stay hotel brand franchised by Choice Hotels International, one of the world's largest hotel franchisors.
Properties offer furnished rooms with kitchen facilities, easy check-in, one-week stays, and periodic housekeeping for extended-stay travelers including business owners, construction workers, military personnel, and families in transition.
Choice Hotels acquired WoodSpring Suites in February 2018 from WoodSpring Hotels Franchise Services LLC.
W
WoodSpring
Total Investment
$6.5M – $8.0M
💰 Costs & Fees
Franchise FeeN/A
RoyaltyN/A
FinancingNot Available
🏢 System Overview
Total Units302
Franchising Since2018
Earnings Claim (Item 19)No
📄 Contract Terms
⚖️ Legal & Risk
Pending LitigationClean
Bankruptcy HistoryNone
Download the Full WoodSpring FDD
2024 · Public Registry Document
Free · No paywall · Instant FDD report
💰WoodSpring Franchise Cost & Fees
Minimum Investment
$6.5M
Average Investment
$7.2M
Maximum Investment
$8.0M
Fee Type
Amount
Notes
Initial Franchise Fee
N/A
One-time payment upon signing
Royalty Fee
N/A
Ongoing; paid monthly
Total Investment Range
$6,489,084 – $7,953,352
Includes build-out, inventory, working capital
The investment range of $6.5M–$8.0M reflects variability in build-out costs, store size, lease terms, and market.
📋Investment Breakdown (Item 7)
Item
Low
High
Affiliation Fee
$50,000
$50,000
Real Estate
$0
$0
Construction Costs and Construction Consultation/Advisory Services
$5,739,124
$7,014,512
Furniture, Fixtures, and Equipment (FF&E)
$570,960
$697,840
Exterior Signage
$40,000
$100,000
Insurance
$7,000
$12,000
Training, Travel and Living Expenses While Training
$7,000
$9,000
Sales and Marketing Materials and other Pre-Opening Costs – 3 months
$35,000
$60,000
Permits, Licenses and Government Fees
$10,000
$500,000
Additional Funds – 6 month period
$30,000
$200,000
Total Estimated Initial Investment
$6,489,084
$7,953,352
📊WoodSpring Franchise Earnings — Item 19
!
WoodSpring does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
WoodSpring 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.
⚖WoodSpring Litigation & Risk Flags
✓
Clean Litigation RecordWoodSpring has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
📈WoodSpring System Growth
Total Units
302
Franchised
0
Company-Owned
0
WoodSpring currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
❓WoodSpring Franchise — FAQ
The total investment to open a WoodSpring franchise ranges from $6,489,084 to $7,953,352, per their Franchise Disclosure Document. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
WoodSpring charges a royalty fee of N/A of gross sales. These fees are paid on an ongoing basis.
You can download the WoodSpring Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from WoodSpring to ensure you have the most up-to-date version.
WoodSpring does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
WoodSpring has been franchising since 2018. The FDD shows an investment range of $6,489,084-$7,953,352, a N/A royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is N/A and the total investment ranges from $6,489,084 to $7,953,352 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Interested in WoodSpring?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from WoodSpring and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with WoodSpring or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com
W
WoodSpring
Total Investment
$6.5M – $8.0M
💰 Costs & Fees
Franchise FeeN/A
RoyaltyN/A
FinancingNot Available
🏢 System Overview
Total Units302
Franchising Since2018
Earnings Claim (Item 19)No
📄 Contract Terms
⚖️ Legal & Risk
Pending LitigationClean
Bankruptcy HistoryNone
Download the Full WoodSpring FDD
2024 · Public Registry Document
Free · No paywall · Instant FDD report
Are you the franchisor?
Claim this profile to update your information or manage your listing.