STAY EXPRESS
We provide hotel lodging under the Stay Express and Local Suites brands, serving recreational and business travelers. Our hotels range from economy and mid-scale properties to upscale hotels, with options that include standard rooms, suites, and extended-stay accommodations. Depending on the brand, guests may have access to amenities such as wireless internet, free fax service, kitchenettes, restaurants, meeting rooms, room service, swimming pools, and fitness centers. We operate a hotel business focused on overnight stays and related guest services in a competitive lodging market.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEOSharif Khan
- Headquarters888 South Greenville Avenue, Richardson, TX, 75081
- Year founded2014
- Year started franchising2015
- IndustryLodging & Hospitality
- Locations open9 (+1 last three years)
Statistics & metrics
- Investment range$46,250 - $11,594,750
- Franchise fee$25,000
- Royalty7.5% of Gross Sales
- Brand fund$10.00 per room Monthly
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Lodging & Hospitality industry:
From hotels and motels to vacation rentals, the lodging industry is a cornerstone of the travel sector. Franchises in this category offer the chance to be part of the global tourism economy.
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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: 2019-04-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about STAY EXPRESS, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of STAY EXPRESS's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving STAY EXPRESS, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a STAY EXPRESS franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information STAY EXPRESS provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 9 |
| Franchise locations | 9 |
| Corporate locations | 0 |
System growth over time
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