GRANDSTAY RESIDENTIAL SUITES
GrandStay Residential Suites Hotels offer extended-stay accommodations with studio, one-, and two-bedroom suites featuring separate living and sleeping areas, fully equipped kitchens, and hotel services. They target guests needing longer stays, such as those attending seminars, working on special projects, or relocating to the area, providing a home-away-from-home experience. GrandStay Hospitality, LLC franchises these properties along with other hotel types, operating in competitive markets against local, regional, and national lodging facilities.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5% royalty + 2% brand fund + $500/mo technology fee + $500/mo program fee + $500/mo website fee (payable if implemented)
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How GRANDSTAY RESIDENTIAL SUITES Compares to Other Extended Stay Franchises
Key Insights
- One of the lowest investment costs in Extended Stay (ranked #2 of 9)
- Top 10 largest franchise system in Extended Stay
- One of the lowest SBA loan default rates in Extended Stay
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
GRANDSTAY RESIDENTIAL SUITES Current | $125K - $24.2M | $35K | 5.0% | 30 |
| STUDIO 6 | $97K - $9.0M | $25K | 5.0% | 219 |
| HAWTHORN SUITES HOTELS AND HAWTHORN SUITES | $12.3M - $14.3M | $40K | 5.5% | 71 |
| HOMETOWNE STUDIOS BY RED ROOF | $10.7M - $13.2M | $30K | 5.5% | 45 |
| Hyatt Studios | $12.0M - $21.5M | $50K | 5.0% | 45 |
| AFFORDABLE SUITES OF AMERICA | $193K - $1.8M | $35K | 5.0% | 18 |
Extended Stay Average 9 franchises | $7.6M - $14.7M | $38K | 5.2% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 9 Extended Stay franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for GRANDSTAY RESIDENTIAL SUITES franchisees (2010 - 2015)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a GRANDSTAY RESIDENTIAL SUITES franchise?
The total initial investment to open a GRANDSTAY RESIDENTIAL SUITES franchise ranges from $124,900 to $24,175,200. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.
How many GRANDSTAY RESIDENTIAL SUITES franchise locations are there?
As of the 2025 FDD, GRANDSTAY RESIDENTIAL SUITES has 30 franchise locations. The company has been franchising since 2000.
Can you get an SBA loan for a GRANDSTAY RESIDENTIAL SUITES franchise?
Yes, SBA loans are available for GRANDSTAY RESIDENTIAL SUITES franchises. Historical data shows 2 SBA 7(a) loans have been approved for GRANDSTAY RESIDENTIAL SUITES franchisees, with an average loan amount of $1,263,750. The historical default rate is 0.0%.
Is GRANDSTAY RESIDENTIAL SUITES a good franchise to buy?
GRANDSTAY RESIDENTIAL SUITES shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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