LivAway Suites
LivAway Suites provides upper-economy extended-stay hotel lodging for guests who want an affordable alternative to traditional hotels. We serve value-conscious travelers and guests with temporary housing needs, such as corporate relocations, job assignments, training, or other short-term stays. Our hotels offer single king and double queen suites with fully equipped kitchens, free high-speed internet, and 50-inch smart TVs. We also provide common guest amenities such as a lobby, fitness center, onsite laundry, enhanced vending, smart parcel lockers, and self-check-in. We operate as a hotel business focused on clean, comfortable accommodations and flexible stay terms.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEOMichael J. Nielson
- Headquarters3300 N Triumph Blvd., Lehi, UT, 84043
- Year founded2022
- Year started franchising2023
- IndustryLodging & Hospitality
- Locations open0 (+0 last three years)
Statistics & metrics
- Investment range$11,223,850 - $13,656,000
- Franchise fee$35,000
- Royalty5% of Total Operating Revenue
- Brand fund2% of Total Operating Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-30
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about LivAway Suites, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the LivAway Suites franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a LivAway Suites franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a LivAway Suites franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by LivAway Suites. | |
| Financial Performance Representations | Review any financial performance information LivAway Suites provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 0 |
| Franchise locations | 0 |
| Corporate locations | 0 |
System growth over time
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