factual

What is the estimated range for permits and licenses for a Bw Premier Collection hotel?

Bw_Premier_Collection Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be made
Commission of Impact Study if Required
Renovation Work (4) $0 - $2,677,500 As Agreed As Agreed Contractors
Furniture, Fixtures and $0 - $3,415,500 As Agreed As Agreed Suppliers
Equipment (5)
Inventory and Operating $72,450 - $90,300 As Agreed As Agreed Suppliers
Equipment (6)
Signage (7) $315 - $525 As Agreed As Agreed Suppliers
Distribution System $1,150 - $8,000 Lump Sum As Required Us
Photographs Fee (8)
Computer System (9) $0 - $13,100 Cash, Check or Wire Transfer As Required Suppliers/Us
Insurance (10) $8,750 - $13,750 As Required As Required Agent/Insurer
Organizational Expense $1,050 - $2,100 As Agreed As Agreed Accountant/Attorney
(11)
Permits and Licenses $0 - $63,000 As Required As Required Governmental
(12) Agency
Miscellaneous Project $0 - $26,250 As Incurred As Agreed Suppliers
Management Expenses
(13)
Additional Funds $500,000 - As Incurred As Arranged Suppliers
(3 months) (14) $545,000
TOTAL (15)
$612,715 - $6,888,025

Source: Item 7 — Estimated Initial Investment (FDD pages 26–30)

What This Means (2025 FDD)

According to Bw Premier Collection's 2025 Franchise Disclosure Document, the estimated cost for permits and licenses ranges from $0 to $63,000. This wide range reflects the variability in permit and licensing fees depending on the hotel's location and size. These fees are paid as required to the relevant governmental agencies.

The FDD notes that the lower end of the range ($0) applies to hotels that were already open and operating as a hotel before converting to a Bw Premier Collection System Hotel. In this case, the franchisee may not incur new permit and license fees. The estimate includes licenses or permits necessary for the hotel to offer food and alcoholic beverages. The cost of obtaining an alcohol permit can vary significantly by jurisdiction, especially in areas where a liquor license is considered an asset.

Prospective Bw Premier Collection franchisees should investigate local and state requirements for permits and licenses to accurately estimate these costs. The actual expenses will depend on factors such as whether the hotel will serve alcohol, the specific location of the hotel, and any local regulations. It is important to note that these are estimates, and the actual costs may differ. Consulting with local authorities and experienced hospitality consultants can provide a more precise understanding of the potential expenses for permits and licenses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.