When are the permits and licenses due for a Sonesta Select Sonesta Essential hotel?
Sonesta_Select_Sonesta_Essential Franchise · 2025 FDDAnswer from 2025 FDD Document
SELECT (Note 1) – 125 ROOMS**
| Type Of Expenditure | Amount Conversion | New Construction | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|
| Initial Fee (Note 2) | $65,000 | $65,000 | Lump sum | Upon your signing of the Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT SONESTA SELECT (Note 1) – 125 ROOMS (FDD pages 36–46)
What This Means (2025 FDD)
According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, the payment timing for permits and licenses is 'as arranged' with suppliers and governmental agencies. This means the specific due dates for these expenses can vary significantly depending on the location of the hotel and the specific requirements of the local authorities.
The FDD estimates that these permits and licenses will cost between $10,350 to $41,400 for a conversion and $10,350 to $51,750 for new construction. These figures are estimates, and the actual costs could be higher or lower based on the specific circumstances of the hotel project.
Given the variability, it is crucial for prospective Sonesta Select Sonesta Essential franchisees to thoroughly investigate the specific permit and licensing requirements in their chosen location. This includes understanding the application processes, associated fees, and typical timelines for approval. Speaking with existing franchisees in similar locations can provide valuable insights into budgeting and planning for these expenses.