Affordable Suites of America

Affordable Suites of America

Information based on 2024 FDD

Lodging & Hospitality · Hotel Resorts

Investment min
$5M
Total: $5M–$10M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$35K
Per current disclosure
Royalty
5%
of gross revenue
Locations
15
Franchising since 1998

Description

What is Affordable Suites of America?

Affordable Suites of America stands as a distinctive player in the extended-stay hospitality sector, offering a unique blend of comfort, convenience, and value for travelers seeking longer-term accommodation solutions. Since its establishment in 1998, the brand has cultivated a reputation for providing spacious, apartment-style suites that feel like a home away from home.

Each property is thoughtfully designed to cater to both business travelers and relocating families, featuring separate living and sleeping areas, fully-equipped kitchens, and modern amenities that support comfortable extended stays. The brand's focus on creating a residential atmosphere, combined with professional management and consistent service standards, sets it apart in the competitive hospitality market.

What makes Affordable Suites particularly appealing is its strategic positioning in secondary and tertiary markets, where there's often a gap in quality extended-stay accommodations. Their properties typically serve business contractors, healthcare professionals, and corporate clients who require comfortable, long-term lodging solutions.

The franchise model emphasizes operational efficiency and a lean staffing structure, while maintaining high standards of cleanliness and guest satisfaction. Their proven business system includes comprehensive training, ongoing operational support, and established relationships with key vendors and booking platforms. As part of their growth strategy, Affordable Suites carefully selects locations that demonstrate strong market demand for extended-stay properties, ensuring each new property has the potential for sustainable success.
  • 25+ years of hospitality industry experience since 1998
  • Extended-stay market specialization with apartment-style amenities
  • Established operational systems and proven business model
  • Focused franchise system with 27 active units
  • Flexible investment range from $5.05M to $10.18M
  • Mature brand with personalized franchisor support approach

Location Analysis

Where Affordable Suites of America wins

Affordable Suites of America maintains a concentrated regional presence across multiple states, showing strongest penetration in the Southeast, particularly North Carolina. The franchise's geographic footprint reveals a strategic focus on mid-sized markets along the Eastern Seaboard, with Virginia, West Virginia, and Maryland forming a connected corridor of operations. The presence in Michigan suggests potential for broader expansion into the Midwest market.

The brand's average rating across numerous customer reviews indicates room for operational improvement, though select locations like the Shelby, NC property demonstrate the potential for high performance when properly executed. This variance in ratings suggests that location-specific factors and management practices significantly impact success.

Ideal locations for new franchises typically include secondary markets with strong business traveler demographics, proximity to industrial or commercial centers, and limited extended-stay competition. The most successful properties are often situated near major highways or business districts, while maintaining sufficient distance from traditional hotels to capture the value-conscious extended-stay segment.

Significant expansion opportunities exist in underserved markets throughout the Northeast and Midwest, particularly in areas with growing industrial and commercial development. However, prospective franchisees should carefully evaluate local extended-stay competition and business travel patterns before selecting a location.
Total US locations
27
Franchise units
15
Corporate locations
12
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Affordable Suites of America

Avg gross revenueN/A
Investment range$5,051,200 – $10,175,100
Investment midpoint$7,613,150
Brand fund1%
Royalty5%
Franchise fee$35,000
Min. net worth
Min. liquid capital
Affordable Suites of America requires a substantial investment ranging from $5.05 million to $10.18 million, positioning it across both below and above the hotel resort sub-sector averages of $6.2-$7.7 million. The lower end offers a more accessible entry point, while the upper range reflects the capital-intensive nature of extended-stay hospitality properties including real estate, construction, furnishing, and pre-opening expenses.

The extended-stay hotel sector serves business travelers, temporary housing needs, and cost-conscious guests seeking apartment-style amenities. This market segment typically caters to longer-stay guests compared to traditional hotels, though specific performance data is not available for validation.

With 27 units and 25+ years of operation since 1998, Affordable Suites represents a mature but relatively small franchise system within the 37-franchise hotel resort subsector. This focused scale may offer more personalized franchisor support and market flexibility, though brand recognition may be limited compared to larger hospitality chains.

The investment threshold requires substantial capital and typically suits experienced hospitality investors or those with real estate backgrounds. Industry estimates suggest liquid capital requirements of approximately $3-5 million for hospitality investments of this scale. Multi-unit development opportunities may exist given the brand's focused footprint.

Prospective franchisees should thoroughly evaluate the FDD, conduct comprehensive due diligence, and assess local market dynamics, particularly in areas with strong business travel or temporary housing demand before proceeding with this hospitality investment.
Did you know? Did you know that launching an Affordable Suites of America franchise - which provides extended-stay accommodations for budget-conscious travelers and temporary residents - requires a total investment between $5,051,200 and $10,175,100, including the $35,000 franchise fee, with costs varying significantly based on property size, location, and local market conditions in the competitive hospitality industry?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$5M–$10M
Most common
$5,051,200
Minimum
$7,613,150
Midpoint
$10,175,100
Maximum

Per FDD Item 7, total initial investment ranges from $5,051,200 to $10,175,100. The midpoint $7,613,150 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+4% YoY
3024181260
2017
2018
2019
2020
2021
2022
2023
2024
27 units open as of 2024 FDD+1 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Affordable Suites of America's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Affordable Suites of America franchise typically ranges between $5,051,200.00 and $10,175,100.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Affordable Suites of America
Affordable Suites of America
N/A avg revenue · 15+ US franchises

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