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.

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.

Locations

$125K–$24175K

Investment

Since 2000

Franchising

Hospitality & LodgingWhite Bear Lake, MNgrandstayhospitality.comDisclaimer

Franchise Costs

Franchise Fee

$35,000

Item 5 of FDD

Initial Investment Range

$124,900 – $24,175,200

Low: $124,900High: $24,175,200

Item 7 of FDD

Royalty Rate

5.00%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Fixed Monthly Fees

$1,500 – $1,500

Item 6 of FDD

5% royalty + 2% brand fund + $500/mo technology fee + $500/mo program fee + $500/mo website fee (payable if implemented)

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

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	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

Top States

1MN

2WI

3IA

4SD

5ND

6OR

7MI

8IL

SBA Loan History

Historical SBA 7(a) loan data for GRANDSTAY RESIDENTIAL SUITES franchisees (2010 – 2015)

Total Loans

Average Loan

$1,263,750

Total Volume

$2.5M

Default Rate

0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

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.