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.
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 (greater of 5% or $2,500/mo) + 2% marketing fund + $675-1,250/mo technology/software fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
How stayAPT Compares to Other Extended Stay Franchises
Key Insights
- 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 |
|---|---|---|---|---|
stayAPT Current | $7.5M - $12.9M | $40K | 5.0% | 9 |
| 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 |
| GRANDSTAY RESIDENTIAL SUITES | $125K - $24.2M | $35K | 5.0% | 30 |
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 stayAPT franchisees (2021 - 2021)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
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
Frequently Asked Questions
How much does it cost to open a stayAPT franchise?
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.
How many stayAPT franchise locations are there?
As of the 2025 FDD, stayAPT has 9 franchise locations. The company has been franchising since 2020.
Can you get an SBA loan for a stayAPT franchise?
Yes, SBA loans are available for stayAPT franchises. Historical data shows 2 SBA 7(a) loans have been approved for stayAPT franchisees, with an average loan amount of $1,911,250. The historical default rate is 0.0%.
Is stayAPT a good franchise to buy?
stayAPT shows several positive indicators: transparent financial performance data (Item 19), 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.
Interested in stayAPT?
Talk to a franchise advisor to get personalized guidance and learn if stayAPT is the right fit for you.
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