Where can I find the 'Effective Date' of my Surestay Hotel By Best Western franchise agreement?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
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ADDENDUM TO FRANCHISE AGREEMENT
Effective Date: Facility Number: Franchisor Name: SureStay, Inc., an Arizona Corporation Brand: SureStay [ ] (excluding any other brands or product lines containing "SureStay" in the name) Initial Approved Hotel Name (Trade Name): Franchisee Name and Address (Attn: Principal Legal Correspondent): Address of Hotel: Initial Number of Approved Guest Rooms: Construction Completion Date: Renovation Completion Date: Required Opening Date: [Due three (3) months from the Effective Date] Expiration Date: All Properties —fifteen (15) years from Opening or such other Term we may approve Change of Ownership — Remaining Term under the existing franchise agreement or such other Term we may approve Application Fee $2,500 Initial Franchise Fee: $25,000 plus $100 per room over 100 rooms Monthly Fees: Monthly Sales and Marketing Fee: Four percent (4.0%) of the Hotel's Gross Rooms R
Source: Item 23 — Receipts (FDD pages 88–286)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the Effective Date of the Surestay Hotel By Best Western franchise agreement can be found in the Addendum to the Franchise Agreement. The Addendum includes a space to record the Effective Date, along with other key details specific to the franchise location.
This date is significant because it marks the commencement of the agreement and triggers several important deadlines and obligations for the franchisee. For instance, the Required Opening Date for the hotel is set three months from the Effective Date, giving the franchisee a defined timeframe to prepare the location for business.
Furthermore, the Riders to the franchise agreement for franchisees in Washington, New York, and Minnesota also refer to the 'Effective Date' as stated in the Franchise Agreement. This indicates that the Effective Date is a crucial reference point for determining when specific legal protections and modifications to the standard agreement come into play based on the franchisee's location.
Therefore, a prospective Surestay Hotel By Best Western franchisee should pay close attention to the Effective Date listed in their Addendum, as it dictates the timeline for opening, the term of the agreement (15 years from opening), and the applicability of state-specific legal provisions.