stayfull Franchise Review

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stayfull is graded based on our most recent FDD research!

Franchise Info

What are the requirements to buy a stayfull franchise?

stayfull has an initial franchise fee of up to $15,000, with a total upfront investment range of $120,018 to $183,518.

  • Initial Franchise Fee: $15,000
  • Total Investment: $120,018 to $183,518
  • Working Capital: $50,000 to $100,000
  • Royalty Fee: 6.0%

The upfront investment of any franchise includes several fees. Unlock this investment opportunity to better understand the initial costs required to purchase a stayfull, such as franchise fees, construction and costs, pre-opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors must to disclose all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important item to review is whether the upfront fees are refundable or not. The franchise system is required to disclose what criteria any of the upfront fees are refundable. A franchise must also provide details of a range of fees if their initial fees are not uniform within the franchise. A careful analysis of the Item 5 initial fees will provide you answers needed to make a decision to purchase this opportunity.

Can you Afford a stayfull Franchise. Complete our Affordability Calculator to find out!

How much can I earn by owning a stayfull franchise?

As with any new franchise, there should be a strong return on your investment and net profit potential. The specific franchise owner's income and the profits from a stayfull franchise will depend on a lot of different factors. One way to confirm the potential revenues or profits earned from a stayfull franchise investment is to analzye the franchisor's Item 19 within their FDD. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as overall systemwide sales. This type of financial disclosure is not always helpful to assess profits for you directly. So review overall sales data with caution. As expected, typically earnings and owner's income are proportionate to the overall size of the initial investment. The larger the initial investment, the higher return you should expect to see

For more details and franchise specific on the profits of a stayfull franchise, unlock this franchise opportunity

How many franchise locations does stayfull franchise system operate?

As of the 2020 Franchise Disclosure Document, there are 1 franchised stayfull locations throughout the USA.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any stayfull franchise opportunities in my city?

Based on 2020 FDD information, stayfull has franchised locations in 1 states.

IL

Based on our research this franchise is growing into new cities and could be available near you. While planning your franchise purchase, you always need to be thinking about what is a good location for my franchise. Review the potential customer base to assess that the area you are looking at has a need or want for this business. Even the most popular franchises have regions that they are not expanding into. The reasons why a specific franchised location can fail are plentiful. So, you need to analyze not only the franchise itself, but map out locations where you think the business has a more customers and higher profitability.

One of our advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.

Last Reviewed: 2020

Sector: Automotive

Category: Other Automotive

stayfull Franchise STATS

Total Investment
$120,018 - $183,518
Franchise Fee
$15,000
Franchise agreement
Initial Term
5 Years
Renewal Term
5 Years
Franchise outlet growth
2017
0
2019
1
Ongoing fees
Royalty
6.0%
ad fees
0.0%
# of franchised outlets
1

ADDITIONAL QUESTIONS

Does this opportunity provide any initial training and opening assistance?

Yes, they have an initial training program of 72.50 hours. This includes 19 hours of classroom training, 53.50 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 53.50
Classroom 19
Total 72.50

Does this opportunity offer Territory Protections?

stayfull offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for more details.

Do they have marketing and technology support in place?

Yes, stayfull offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did stayfull begin franchising?

They began franchising in 2018. The average Other Automotive franchise began franchising in 2015.


Do they offer lending options?

Yes. They offer certain financing options within Item 10 of their FDD.

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  • How much do franchise owners historically make?
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  • Are they affiliated with any other franchise brands or private equity investment groups?
  • How many new locations have they sold within the last 5 years?
  • How many franchised locations have closed within the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised locations have terminated within the last 5 years?
  • Does this franchise operate any company or affiliate owned locations?
  • How long is their initial and renewal term lengths?
  • Do you have a legal dispute resolution process?
  • How long have they been franchising?
  • Are they expanding internationally?
  • How often are royalties and advertising fees paid to the franchisor?
  • What are the territory protections the franchisor provides you?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchise outlet growth been so high?
  • What are the important requirements for managing a successful franchised location in this system?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Does this franchise provide multi-unit discounts for buying more than one franchise location?
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