To whom is the payment for signage made when converting to a Bw Premier Collection hotel?
Bw_Premier_Collection Franchise · 2025 FDDAnswer 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) |
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, when converting an existing hotel to a Bw Premier Collection hotel, payments for signage, which range from $315 to $525, are made to suppliers. The method of payment and when it is due are determined as agreed upon between the franchisee and the suppliers. Franchisees are required to place plaques at the hotel's main entrance and front desk to indicate affiliation with Bw Premier Collection.
This means that as a prospective Bw Premier Collection franchisee, you will need to budget between $315 and $525 for signage when converting your existing hotel. The actual cost will depend on the specific signage required and the rates charged by your chosen suppliers. It is important to negotiate payment terms with the suppliers that work for your business.
It's also important to note that the estimates provided in the FDD are based on Bw Premier Collection's experience, but actual costs may vary significantly. Factors such as the location of the hotel and the specific suppliers you choose can impact the final cost. Therefore, it is advisable to independently investigate the actual costs before signing the Distribution Agreement to ensure you have an accurate understanding of the investment required.