Affordable Suites of America FDD – Franchise Information, Costs and Fees
Type of Business
An Affordable Suites of America™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. ASA offers franchisees the right to develop individual Hotels under a Franchise Agreement. Franchisee will provide hotel services under the name “Affordable Suites of America™.”
Corporate Information
LG AS Franchisor LLC is a Delaware limited liability company formed on October 29, 2018. Their principal business address is 10801 Monroe Road, Matthews, North Carolina 28105.
Investment
The total investment necessary to begin operation of a new Affordable Suites of America™ Hotel with 75 suites is between $5,051,200 and $10,175,100, excluding real estate costs. This includes between $40,000 and $42,500 that must be paid to the franchisor or an affiliate. The total investment necessary to convert an existing hotel and begin operation of a 75-suite Affordable Suites of America™ Hotel is from $166,600 to $1,750,100. This includes between $40,000 and $42,500 that must be paid to the franchisor or an affiliate.
