How many MY PLACE franchise locations are there?

As of the 2026 FDD, MY PLACE has 52 franchise locations. The company has been franchising since 2012.

Is MY PLACE a good franchise to buy?

MY PLACE shows several positive indicators: transparent financial performance data (Item 19). 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.

MY PLACE

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FDD Year:

My Place Hotels of America, LLC franchises midscale, economy extended-stay hotels that provide transient lodging services to the traveling public and individuals needing accommodations on an extended basis. Franchisees operate new-build hotels under the My Place brand, typically featuring 64-85 rooms across 3-4 stories, along with amenities like a My Store and guest laundry tailored to local community needs. The business model focuses on franchising these standardized hotel properties in competitive lodging markets.

Locations

$99K–$127K

Investment

Since 2012

Franchising

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FDD Year:

ServicesAberdeen, SDmyplacehotels.comDisclaimer

Franchise Costs

Franchise Fee

$50,000

Item 5 of FDD

Initial Investment Range

$98,735 – $126,910

Low: $98,735High: $126,910

Item 7 of FDD

Royalty Rate

2.50%

of gross sales

Brand Fund

3.00%

Item 6 of FDD

Fixed Monthly Fees

$1,427 – $4,281

Item 6 of FDD

Tiered royalty (2.5% starting, up to 4.75% of gross room revenue based on occupancy) + 3% marketing/reservation fund + 1.5% loyalty + $1,344/mo technology + $1,000 annual website fee

Financial Performance

Item 19 Financial Performance

Data Based On: 71 Covered My Place Hotels (25 company-owned and 46 franchised) operating in the United States for the year 2025.

* The document provides detailed occupancy statistics, Average Daily Rate (ADR), STR Occupancy Index, STR ADR Index, Stay Rewarded Room Night Contribution, and Length of Stay Room Night Contribution for franchised hotels. However, it does not explicitly provide or offer sufficient data to calculate average gross revenue, median gross revenue, revenue quartiles, gross profit, net income, net profit, or EBITDA in dollar amounts for individual franchise units. The ADR is a daily rate per room and cannot be converted to total gross revenue without additional data such as average number of rooms per hotel and annual occupancy rate, which are not provided in a calculable format. No expense or profit margin data is available.

Extracted Item 19 Section

How MY PLACE Compares

Key Insights

One of the lowest investment costs in Hotels (ranked #2 of 34)

Franchise	Investment	Fee	Royalty	Locations
MY PLACE Current	$99K – $127K	$50K	2.5%	52
QUALITY INN	$317K – $2.0M	$45K	5.3%	1,621
SUPER 8	$4.7M – $6.9M	$25K	5.5%	1,375
DAYS INN, DAYS HOTEL AND DAYS INN & SUITES	$7.6M – $9.4M	$35K	5.5%	1,235
LA QUINTA INN & SUITES	$12.8M – $17.2M	$55K	5.5%	884
RED ROOF PLUS AND SUITES	$7.3M – $8.9M	$27K	5.0%	584
Hotels Average 34 franchises	$8.0M – $18.8M	$47K	5.2%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 34 Hotels franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States

1UT

2SD

3IA

4ID

5NC

6NV

7WA

8TX

9MT

10NE

11WI

12GA

13OR

14WY

15CO

+11 more states

Franchisee Contacts

92 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

92 Contacts Available

Unlock all MY PLACE franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases1

Arbitration initiated by franchisor against former franchisee for past due fees, damages from premature hotel closure, and related costs; franchisee counterclaimed alleging misrepresentations, breaches, and violations of franchise laws.

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 MY PLACE franchise ranges from $98,735 to $126,910. This includes a franchise fee of $50,000. Ongoing royalty fees are 2.5% of gross sales.