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stayAPT

stayAPT

stayAPT Suites is a franchise of extended-stay hotels providing temporary weekly or monthly housing with fully furnished suites featuring complete kitchens, separate bedrooms, cable TV, weekly housekeeping, and on-site laundry facilities at rates lower than conventional hotels. Franchisees develop and operate hotels with 59 to 111 suites under the stayAPT brand, following a standardized Business System for design, operations, quality control, and marketing. The target market includes transferred or temporarily assigned professionals seeking affordable short-term accommodations.

9locations
$7530K–$12904K
Since 2020
Hospitality & LodgingMatthews, NCLGAS Brand Parent LLCwww.stayAPT.comDisclaimer

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Franchise Costs

Franchise Fee
$40,000
Initial Investment
$7,529,900 – $12,904,400
Royalty Rate
5.00%
Brand Fund
2.00%
Fixed Monthly Fees
$675 – $1,250

5% royalty (greater of 5% or $2,500/mo) + 2% marketing fund + $675-1,250/mo technology/software fees

Financial Performance

Item 19 Financial Performance

EBITDA Margin
69%

Data Based On: 2 Established Franchised Hotels for the trailing 12-month period ending February 28, 2025.

* The document provides Average Monthly GOP Margin (Gross Operating Profit Margin) as a percentage of total revenue (69.3%) for Established Franchised Hotels, but does not provide the average total gross revenue in dollar amounts for a unit. Without this base revenue, dollar amounts for average gross revenue, median gross revenue, revenue quartiles, average net income, average net profit, and average EBITDA could not be calculated. The GOP Margin is used for ebitda_margin_pct as it represents the operating profit margin, which is the closest available profit margin metric.

Extracted Item 19 Section

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stayAPT Franchise Analysis

Picture this: a young extended-stay brand bursting onto the scene since 2020, targeting traveling professionals with affordable, fully equipped suites that undercut traditional hotels. stayAPT's rapid ascent has franchise brokers buzzing, backed by Item 19 financial disclosures and a handful of SBA-backed deals. Yet a bankruptcy shadow lingers in its history—does this signal savvy resilience or a red flag for multi-million-dollar investors?

Diving into the 2025 FDD, Item 7 lays out a hefty initial investment range of $7,529,900 to $12,904,400 for hotels with 59-111 suites, including a $40,000 franchise fee. Ongoing fees bite hard: 5% royalty (minimum $2,500 monthly), 2% brand/ad fund, plus $675-$1,250 monthly tech fees. Item 19 reveals modest 1% EBITDA margins across units, suggesting tight profitability in a capital-intensive sector. With only 9 franchise locations versus 23 corporate-owned, the system leans heavily on parent support from LGAS Brand Parent LLC in Matthews, NC.

Growth tells a bolder tale—units jumped from 2 in 2023 to 9 in 2024 (+350%), with 4 new units projected. Two SBA loans averaging $1,911,250 hint at financing feasibility, but the bankruptcy history warrants scrutiny of Item 20 for litigation or transfer trends. For deep-pocketed buyers eyeing hospitality, stayAPT's standardized operations and weekly housekeeping appeal could pay off amid demand for corporate housing—yet that slim margin and parent dominance mean probing maturity and scalability before committing.

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Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How stayAPT Compares

Key Insights

  • Top 10 largest franchise system in Extended Stay
  • One of the lowest SBA loan default rates in Extended Stay
FranchiseInvestmentFeeRoyaltyLocations
stayAPT
Current
$7.5M – $12.9M$40K5.0%9
HAWTHORN SUITES HOTELS AND HAWTHORN SUITES$12.3M – $14.3M$40K5.5%71
HOMETOWNE STUDIOS BY RED ROOF$11.7M – $14.5M$30K5.5%53
Hyatt Studios$12.0M – $21.5M$50K5.0%45
GRANDSTAY RESIDENTIAL SUITES$125K – $24.2M$35K5.0%32
AFFORDABLE SUITES OF AMERICA$193K – $1.8M$35K5.0%18
Extended Stay Average
9 franchises
$7.8M – $15.7M$39K5.2%–

* 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
1TN
2
2VA
2
3GA
1
4AL
1
5SC
1
6IN
1
7FL
1

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SBA Loan History

Historical SBA 7(a) loan data for stayAPT franchisees (2021 – 2021)

Total Loans
2
Average Loan
$1,911,250
Total Volume
$3.8M
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.

2 SBA loans on record

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Franchisee Contacts

14 franchisee contacts on file from official FDD filings.

14 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Director of Franchise Operations Adam Binder filed personal Chapter 7 bankruptcy on August 3, 2017, discharged November 13, 2017.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
4

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Frequently Asked Questions

The total initial investment to open a stayAPT franchise ranges from $7,529,900 to $12,904,400. This includes a franchise fee of $40,000. Ongoing royalty fees are 5.0% of gross sales.