What is the Re-licensing Fee or Change of Ownership Application Fee for an Atwell Suites franchise, and when is it due?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------------------------------------------------------------------|------------| | Type of Fee | Amount | Due Date | Remarks | | than 12 months from | | | | | CC date included in | | | | | original license | | | | | Suite Additions | 1/2 of original room addition | | Note 12 | | (6-month extension) | Application Fee | | | | Public Offering or Private Placement Processing Fee | $25,000 plus additional costs incurred by Holiday | When you or any of your owners submit request for approval of private placement or public offering (Payable to Holiday) | Note 13 | | Audit/Interest | Amount of deficiency, interest and $3,000 audit fee (audit fee may be increased on a Brand System-wide basis) | Upon notice from Holiday | Note 14 | | Re-licensing Fee or Change of Ownership Application Fees | $500 per guest room but not less than $50,000 | Due with re-licensing or change of ownership application (Payable to Holiday) | Note 15 | | Realignment/name change; brand conversion processing fee | $5,000 for licensee name change, ownership realignment or brand conversion | Due upon realignment, name change or brand conversion, if approved (Payable to Holiday) | Note 15 | | Indemnification | Varies | Upon demand | Note 16 |
| (Column 1) Type of Fee | (Column 2) Amount | (Column 3) Due Date | (Col
Source: Item 6 — OTHER FEES (FDD pages 30–56)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, a franchisee applying for re-licensing or a change of ownership must pay a Re-licensing Fee or a Change of Ownership Application Fee. This fee is $500 per guest room, but not less than $50,000.
The fee is payable to Holiday Inn and is due when the franchisee submits the re-licensing or change of ownership application. This means a prospective Atwell Suites franchisee needs to have these funds available at the time of application to re-license or transfer ownership.
It is important to note that this fee is separate from other fees that may be required during the term of the franchise agreement, such as the Public Offering or Private Placement Processing Fee or the Audit/Interest fee. Franchisees should carefully review the FDD to understand all the fees associated with operating an Atwell Suites franchise.