When must the Application Fee be paid for an Atwell Suites franchise?

According to Atwell Suites's 2025 Franchise Disclosure Document, the application fee must be paid when you submit your application. The FDD also states that the application fee becomes non-refundable upon IHG's approval of the application. IHG is the parent company of Atwell Suites.

It is important to note that the applicant should not sign or submit the application or payment of the application fee until at least the fourteenth day after the date the receipt of the Franchise Disclosure Document was signed and dated. This 14-day period allows potential franchisees to review the FDD before committing to the franchise.

For a new development, conversion, re-licensing, and change of ownership application, the application fee is calculated based on the number of guest rooms/suites. While the specific amount is not detailed in this excerpt, it is typically $500 per guest room/suite but not less than $50,000 for Atwell Suites. This fee structure is common in the hotel franchising industry, where fees are often tied to the size and scope of the property.

Prospective franchisees should be aware that the application fee is non-refundable once the application is approved by IHG. Therefore, it is crucial to conduct thorough due diligence and carefully consider all aspects of the franchise opportunity before submitting the application and paying the fee.