Can Hawthorn Suites By Wyndham defer payment of the Initial Fee?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
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- See Item 5 for amount or formula of each fee. We may defer payment of the Initial Fee. See Item 10. Unless otherwise noted, all fees are non-refundable.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 44–51)
What This Means (2025 FDD)
According to Hawthorn Suites By Wyndham's 2025 Franchise Disclosure Document, Hawthorn Suites By Wyndham may defer the payment of the initial franchise fee. Item 10 of the FDD provides additional information regarding this potential deferral.
For a prospective franchisee, this means that instead of paying the entire initial fee upfront, Hawthorn Suites By Wyndham might allow you to pay it at a later date or over a period of time. This could significantly lower the initial financial burden of starting the franchise.
However, it is important to note that the option to defer payment is not guaranteed. It is essential for potential franchisees to carefully review Item 10 of the FDD and discuss the specific terms and conditions of any potential deferral with Hawthorn Suites By Wyndham. Understanding the criteria for deferral, the repayment schedule, and any associated interest or fees is crucial before making a final decision.