For a Sonesta Simply Suites, when are the signage payments due?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type Of Expenditure | Amount Conversion | New Construction | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|
| Signage (Note 22) | $25,000 to $50,000 | $25,000 to $100,000 | As arranged | As arranged, before opening | Suppliers |
- Note 22 This estimate includes a vendor site survey (if needed); and fabrication and installation of exterior signage.
The estimate includes the cost of painting cabinets and poles but does not include any electrical/wiring; permits; or freight/shipping.
Your actual cost will depend on factors such as the sign size, material, height, ease of access, and equipment needed for the location, and may exceed the estimates indicated.
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 payment for signage for a new construction or conversion is arranged with suppliers and is due as arranged, but must be paid before opening. The estimated cost for signage ranges from $25,000 to $50,000 for conversions and $25,000 to $100,000 for new constructions.
The FDD notes that the signage estimate includes a vendor site survey (if needed) and the fabrication and installation of exterior signage. It also covers the cost of painting cabinets and poles, but it does not include any electrical/wiring, permits, or freight/shipping. These additional costs should be considered when budgeting for signage.
The actual cost for signage will depend on factors such as the sign size, material, height, ease of access, and equipment needed for the location. Because of these variable factors, the FDD indicates that the actual costs may exceed the initial estimates. As such, prospective franchisees should carefully evaluate these factors for their specific location to develop a more accurate estimate and payment schedule in coordination with the suppliers.