For Even Hotels, what FF&E expenses are NOT included in the estimates for furniture, fixture, and equipment?

According to Even Hotels' 2025 Franchise Disclosure Document, the estimates for furniture, fixtures, and equipment (FF&E) cover various essential items for both guest rooms and common areas. These include furniture for guest rooms and common spaces, kitchen and bar equipment for both staff and guest areas, fitness center equipment, and in-hotel technology like televisions, computers, and internet connections. This provides a baseline understanding of what is considered in the initial investment for these categories.

However, the estimates for FF&E for Even Hotels do not include certain significant expenses. Specifically, the estimates exclude any FF&E needed for an extensive design to accommodate full kitchen or catering facilities, a pool, a spa, or excessive outdoor or common space areas such as courtyards. This means that if a franchisee plans to include any of these features in their Even Hotels location, they should anticipate additional costs beyond the initial FF&E estimates.

This exclusion is important for prospective Even Hotels franchisees to consider, as these additional amenities can significantly impact the overall investment. Franchisees should carefully evaluate their business plan and desired hotel features to determine if these exclusions apply to their specific situation. It would be prudent to discuss these potential additional costs with Even Hotels during the due diligence process to obtain a more accurate estimate of the total investment required.