What is the range for the Impact Study Fee for a Surestay Hotel By Best Western?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be made |
|---|---|---|---|---|
| Franchise Application | $2,500 | Lump Sum | With Franchise | Us |
| Fee (1) | Application | |||
| Initial Fee (2) | $25,000 | Lump Sum | On Signing Franchise Agreement | Us |
| Impact Study Fee (3) | $0 - $4,000 | Lump Sum | Before Commission of Impact Study if Required | Us |
Source: Item 7 — Estimated Initial Investment (FDD pages 35–48)
What This Means (2025 FDD)
According to the 2025 FDD, the Impact Study Fee for a Surestay Hotel By Best Western ranges from $0 to $4,000. This fee is paid in a lump sum to Surestay Hotel By Best Western before the impact study is conducted, if required.
The impact study is triggered if a member requests it upon receiving the Franchise Application. This suggests that the necessity of an impact study, and therefore the fee, depends on specific circumstances and requests made during the application process.
It's important to note that the Impact Study Fee is refundable if Surestay Hotel By Best Western denies the Franchise Application for any reason. This provides some financial protection to the applicant in cases where the franchise is not granted.