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Franchise Affordable Suites of America

Investments

$2,872,000

Franchise fee

$30,000

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Short information

$2,872,000

$2,872,000

Investments

$1,000,000

$1,000,000

Minimum Cash

2

2

Wishing to buy

1998

1998

Year Brand Started

20

20

Offices

1998

1998

Year Franchising Started

Franchise Affordable Suites of America

Investments

$2,872,000

Offices

20

Franchise Fee

30000

Short information

1998

Year Brand Started

1998

Year Franchising Started

About Franchise

Tom Goodwin serves as President of Affordable Suites of America.  As one of the founding members of Affordable Suites of America, Tom has been involved with the organization since 1999.  Tom also spent 30 years in the banking industry where he was an Executive Vice President of Dominion Bankshares Corporation.

Franchise Affordable Suites of AmericaAfter Dominion was purchased by First Union in 1993, he spent 10 years in the construction industry as President of two construction companies. Tom is a graduate of Washington & Lee University with a B.A. in Political Science, a Graduate of the ABA Thesis Program at Northwestern University and attended the Law School at the University of Virginia. After College, Tom also completed coursework in Accounting, Banking, Management, Computing Systems, Computer Programming, and Data Communications. Tom is widowed, has 2 children and resides in Roanoke, Virginia.

Franchise Affordable Suites of AmericaAffordable Suites of America is proud to offer extended stay travelers a comfortable and relaxing enviornment for business or leisure travel throughout the Southeast. We are an all adult property designed for the business traveler, transferred professional or temporary employee.

Affordable Suites of America franchises are available in many markets throughout the Southeast. For information regarding purchasing a franchise please contact

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Finance Information

Investments: $2,872,000 – $3,445,000

Franchise fee: $30,000

Royalty fee: 5%

Minimum Cash: $1,000,000

Net Worth: $5,000,000

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Training

Yes

Business Type

Franchise

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