Everhome Suites

Everhome Suites

Information based on 2024 FDD

Lodging & Hospitality · Hotels, Resorts

Investment min
$13M
Total: $13M–$16M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$50K
Per current disclosure
Royalty
6%
of gross revenue
Locations
Franchising since 2019

Description

What is Everhome Suites?

Everhome Suites represents an innovative entry into the extended-stay hospitality sector, launched in 2019 to meet the evolving needs of modern travelers. As a relatively new player in the lodging industry, Everhome Suites is positioning itself to capitalize on the growing demand for comfortable, home-like accommodations that cater to both short-term and extended-stay guests.

The brand's concept centers around creating a seamless blend of hotel convenience and residential comfort, offering spacious suites equipped with full kitchens, dedicated workspaces, and contemporary living areas. This thoughtful design approach appeals to various customer segments, from business travelers and project-based workers to families seeking temporary housing solutions.

What sets Everhome Suites apart is their commitment to creating a modern, efficient hospitality experience that adapts to guests' lifestyles. The properties feature innovative amenities such as smart technology integration, flexible common areas for social interaction, and specialized services designed for longer-term stays. Their strategic focus on location selection ensures properties are situated in high-demand areas with strong market potential.

For franchise owners, Everhome Suites offers the opportunity to enter the promising extended-stay hotel segment with a fresh, forward-thinking brand. The business model is designed to maximize operational efficiency while delivering exceptional guest experiences. As part of a new generation of hospitality concepts, Everhome Suites is well-positioned to capture market share in the growing extended-stay sector while offering franchisees a distinctive investment opportunity in the hospitality industry.
  • Premium investment tier franchise opportunity
  • Emerging brand established 2019 with territory availability
  • Extended-stay hospitality market focus
  • Corporate housing and temporary accommodation specialist
  • Significantly above sub-sector average investment level
  • Institutional-quality real estate development opportunity

Location Analysis

Where Everhome Suites wins

Everhome Suites, launched in 2019 by Choice Hotels International, represents an emerging opportunity in the extended-stay hotel segment. As a new brand in development, Everhome Suites is positioned for strategic growth in the rapidly expanding extended-stay market. The brand targets secondary and tertiary markets with strong business travel, healthcare, and education sectors.

Ideal locations for Everhome Suites typically feature proximity to business districts, medical centers, universities, and major transportation corridors. Key demographic indicators include areas with significant business travel, growing population centers, and median household incomes above $65,000. Markets with limited extended-stay competition present particularly attractive opportunities.

Potential franchisees should focus on metropolitan areas experiencing economic growth, particularly in the Southeast and Southwest regions where extended-stay demand is robust. Site selection criteria should emphasize visibility from major thoroughfares, easy access to highways, and proximity to demand generators such as office parks and hospitals. Minimum site requirements typically include 1.5-2 acres with strong visibility and accessibility.

While the brand's newness means limited historical performance data, its backing by Choice Hotels International provides significant operational support and distribution advantages. Early adopters have the opportunity to secure prime markets as the brand establishes its presence across the United States.
Total US locations
N/A
Franchise units
N/A
Corporate locations
0
Avg. sq. footage
N/A
Territory check

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Availability

Financial Analysis

The numbers behind Everhome Suites

Avg gross revenueN/A
Investment range$12,663,738 – $16,170,479
Investment midpoint$14,417,109
Brand fund2.5%
Royalty6%
Franchise fee$50,000
Min. net worth
Min. liquid capital
Everhome Suites requires a substantial investment of $12,663,738 to $16,170,479, positioning it as a premium hospitality franchise significantly above the sub-sector average of $8,449,802 to $9,327,074. This investment level indicates an upscale extended-stay concept requiring sophisticated capital structure and likely institutional financing partnerships. The lodging industry has demonstrated resilience with growing demand for extended-stay accommodations driven by business travel evolution and temporary housing needs.

As a 2019-established franchise, Everhome Suites represents an emerging brand in the mature hospitality sector. While this limits operational track record assessment, it positions early investors as market pioneers with potential territory advantages. The extended-stay segment benefits from higher average daily rates and longer guest stays, creating more predictable revenue streams than traditional hotels.

The substantial investment requirement suggests comprehensive property development including land acquisition, construction, furnishing, and pre-opening expenses. Current unit count and revenue data are not publicly available, requiring prospective investors to review the FDD for detailed performance representations and operational metrics.

Ideal candidates possess substantial net worth, hospitality or real estate development experience, and access to commercial financing. The brand targets markets with corporate relocations, temporary housing demand, and limited extended-stay competition. Multi-unit development opportunities exist for qualified investors with market expansion capabilities.
Did you know? Starting an Everhome Suites extended-stay hotel franchise requires a substantial total investment between $12.7 million and $16.2 million, which includes the $50,000 franchise fee plus all development costs, construction, furnishing, and working capital needed to build and operate your premium hospitality property in this growing market segment.

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

$13M–$16M
Most common
$12,663,738
Minimum
$14,417,109
Midpoint
$16,170,479
Maximum

Per FDD Item 7, total initial investment ranges from $12,663,738 to $16,170,479. The midpoint $14,417,109 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

-100% YoY
211100
2019
2020
2021
2022
2023
2024
0 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 Everhome Suites'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 Everhome Suites franchise typically ranges between $12,663,738.00 and $16,170,479.00. 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.

Everhome Suites
Everhome Suites
N/A avg revenue · 0+ US franchises

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