Landingplace Suites provides midscale extended-stay hotel accommodations for travelers. The franchise offers lodging for business travelers, construction crews, relocating individuals, and leisure guests needing flexible, extended-stay options.
Key Insights
- Landingplace Suites grew from a fundamental commitment to solving real problems that affected both customers and service providers, developing systematic approaches that improve efficiency, enhance quality, and create positive outcomes for all stakeholders involved in the business relationship.
- Food sourcing strategies prioritize local suppliers and seasonal ingredients when possible to support community relationships, ensure ingredient freshness, and provide customers with transparent information about food origins while maintaining cost-effectiveness and supply chain reliability.
- Market education efforts help consumers understand the value of professional versus amateur service providers, creating opportunities for qualified businesses to demonstrate expertise and build customer relationships through superior service quality and reliable performance.
Franchise Fee and Costs to Open
Exploring the financial picture of Landingplace Suites gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $268,849 - $3,332,849, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Training and Resources
Oakberry provides comprehensive training for new franchisees. This program offers a deep dive into operational procedures and brand standards. The initial training spans two weeks and is conducted at Oakberry's corporate headquarters. The franchisor also offers ongoing support and resources to aid in successful business development.
Legal Considerations
Legal considerations for a Landingplace Suites franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter challenges related to establishing a strong local presence amidst existing food and beverage options. Efficiently managing inventory and staffing to meet fluctuating demand requires careful planning. Dependence on specific ingredient sourcing for product consistency and availability is another factor to consider in day-to-day operations.
Franchise Datasheet
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