factual

To whom is the PIP Fee paid for a Sonesta Simply Suites franchise?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

TMENT SONESTA SIMPLY SUITES (Note 1) – 100 ROOMS**

Type Of Expenditure Amount Conversion New Construction Method of Payment When Due To Whom Payment Is To Be Made
Initial Fee (Note 2) $50,000 $50,000 Lump sum Upon your signing of the Franchise Agreement Us
Onboarding $2,500 $2,500 Lump

Source: Item 7 — ESTIMATED INITIAL INVESTMENT SONESTA SIMPLY SUITES (Note 1) – 100 ROOMS (FDD pages 36–42)

What This Means (2025 FDD)

According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, the PIP Fee, which ranges from $0 to $5,000, is paid to the franchisor, referred to as "Us" in the document. This fee is due before you sign the Franchise Agreement. The PIP Fee covers the cost of preparing or verifying completion of the Property Improvement Plan (PIP). A PIP outlines the items a franchisee must complete to convert their property to a Sonesta Simply Suites branded hotel, in accordance with the brand standards.

If a Sonesta Simply Suites franchisee fails the initial PIP inspection, a reinspection may be required, incurring an additional fee. This reinspection fee, also paid to the franchisor, ranges from $0 to $5,000 and is paid as incurred. These fees are non-refundable, as stated in Note 1.

In summary, the PIP Fee and any subsequent reinspection fees are paid directly to Sonesta Simply Suites, the franchisor, and are associated with ensuring the property meets the brand's standards during the conversion process.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.