What is the estimated cost range for CCTV Security for an Even Hotels franchise?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
X with analog room phones; $275 per room. If using IP phones or have larger admin staff; $375 per room (300 Rooms or more). Final costs are determined by the direct Telcom company the hotel engages for services.
CCTV Security: Estimated cost for a CCTV security system will be $7,500 to $12,500 for a
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 52–59)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the estimated cost for a CCTV security system varies depending on the number of rooms in the hotel. For a hotel with 100 rooms, the estimated cost ranges from $7,500 to $12,500. For a 200-room hotel, the cost is estimated to be between $15,000 and $25,000. A 300-room hotel can expect to pay between $22,500 and $37,500. For a 400-room hotel, the estimated cost is $30,000 to $50,000, and for a 500-room hotel, the range is $37,500 to $62,500.
These figures provide a general idea of the potential investment needed for CCTV security. However, the actual cost may vary depending on the specific security needs and the vendor chosen. It is important for prospective franchisees to consider the size of their hotel and the level of security required when budgeting for this expense.
As with any franchise investment, it's crucial to carefully review all aspects of the FDD and consult with financial advisors to ensure a clear understanding of the costs involved. The CCTV security system is a necessary component for the safety and security of the hotel, its guests, and employees, making it a vital investment for any Even Hotels franchise.