8621 E. 21st St. N., # 200
Wichita, KS 67206
800#:
Tel: (316) 631-1300
Fax: (316) 631-1333
E-Mail: [email protected]
Web Site: www.candlewoodsuites.com
Contact: Ms. Becky Gordon, Franchise Sales Specialist
CANDLEWOOD SUITES is a unique, high-quality, mid-priced hotel brand designed to deliver exceptional value to both owners and guests. CAMBRIDGE SUITES by CANDLEWOOD, established in 1998, is another tremendous opportunity to build or convert an existing hotel into the newest concept in lodging for the up-scale traveler.
Franchisor Background
| Established: |
1995; |
First Franchise: |
1996 |
| Franchise Units: |
11 |
| Company-Owned Units: |
66 |
| Total Units: |
77 |
Distribution:
U.S. -- 77;
Canada -- 0;
International -- 0
> North America -- Operations in 30 States
> States/Provinces with Greatest Density: 14 in TX, 6 in IL, 6 in CA
|
| Projected New Units Over Next 12 months: |
| Franchisee Qualifications: 3, 3, 2, 2, 2, 3
(for an explanation
click here) |
| Registered in Following Registration States: All States Exc. HI |
| Average Number of Employees: 6-13 FT (FT = Full Time, PT = Part Time) |
| Space Needs: 56,628-108,90 SF; FS
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$700K-2MM |
|
| Total Investment: |
$3-7MM; |
|
Average Total Investment: |
$5000K |
|
| Minimum Net Worth: |
$N/A |
|
| Fees: |
Franchise: |
$$400/Key/40K; |
Average Franchise Fee: |
$0K |
|
Royalty: |
4-5%RR |
|
Advertising: |
1.5%RR |
| Provide Earning Claim Statement: Yes
|
Terms of Contract
| Term of Contract (Years): |
20 |
| Passive Ownership: |
Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
(D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
No |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
No |
| Franchisee Assoc. / Member: |
Yes/Yes |
| Size Of Corporate Staff: |
100 |
| On-Going Support: |
C,D,G,H,I
(for an explanation click
here) |
| Training: |
Extensive Training Program. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.