LivSmart Studios by Hilton is a long-term stay hotel designed for comfort and convenience. The franchise caters to guests looking for value-driven accommodations in a welcoming environment.
Key Insights
- LivSmart Studios by Hilton developed from extensive market research that identified critical gaps in customer satisfaction and service quality, leading to the creation of comprehensive solutions that combine proven business practices with innovative approaches to meet evolving consumer expectations and demands.
- Quality control systems ensure consistent results across all projects while adapting to unique specifications and client expectations, utilizing proven procedures and regular assessments that maintain high standards while accommodating individual needs and preferences.
- Regulatory developments create opportunities for professional service providers who maintain compliance standards and quality certifications, establishing competitive advantages for businesses that invest in proper training, procedures, and documentation to meet industry requirements.
Franchise Fee and Costs to Open
Exploring the financial picture of LivSmart Studios by Hilton 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 $15,424,593 - $21,497,662, along with a franchise fee of $100,000 - $100,000.
Financial Performance and Revenue
Training and Resources
76 FENCE provides comprehensive training for new franchisees. This initial program, spanning two weeks, occurs at our corporate headquarters. 76 FENCE offers a robust operational manual, marketing materials, and ongoing support. Franchisees also benefit from access to vendor partnerships and recommended software solutions to streamline their business.
Legal Considerations
Legal considerations for a LivSmart Studios by Hilton franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Navigating the local market involves understanding existing fence installation providers and their pricing. Operational complexity can arise from managing installation crews, scheduling projects efficiently, and ensuring quality workmanship across diverse customer needs. Reliance on specific suppliers for materials like wood, vinyl, or metal means potential supply chain disruptions could impact project timelines and costs.
Franchise Datasheet
FAQs
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