Is the Sonesta Simply Suites transfer fee paid by the Assignor refundable?

According to the 2025 Sonesta Simply Suites FDD, the transfer fee paid by the assignor is non-refundable. The assignor is responsible for paying the transfer fee, the amount of which is specified in the existing franchise agreement. This fee is considered fully earned by Sonesta Simply Suites upon payment.

This means that if a franchisee decides to sell or transfer their franchise to a new owner, the transfer fee they pay to Sonesta Simply Suites will not be returned under any circumstances. This is a standard practice in franchising, as the franchisor incurs costs in reviewing and approving the transfer, training the new franchisee, and updating the franchise agreement.

Prospective franchisees should factor this non-refundable fee into their financial planning when considering a transfer. It is important to understand that this fee is separate from any other amounts due to Sonesta Simply Suites, such as outstanding balances or other transfer-related expenses.