What is the range of the Impact Study Fee for a Surestay Hotel By Best Western franchise?
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 Surestay Hotel By Best Western's 2025 Franchise Disclosure Document, the Impact Study Fee ranges from $0 to $4,000. This fee is paid as a lump sum to Surestay Hotel By Best Western before the impact study is conducted, if required.
The impact study is triggered if Surestay Hotel By Best Western requests one upon receiving the Franchise Application. This study assesses the potential impact of the new Surestay Hotel By Best Western location on existing hotels within the system. The fee covers the cost for Surestay Hotel By Best Western to conduct this analysis.
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, the franchisee will receive a refund of the Impact Study Fee. This provides some financial protection to the applicant in cases where the franchise is not approved.