Laquinta Suites Franchise — Costs & How to Buy
- Initial investment
- $8,302,253 – $11,745,002
- Franchise fee
- —
- Royalty
- —
- Units open
- 918
- Net worth required
- $1,000,000+
- Headquarters
- Texas
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About Laquinta Suites
Laquinta Suites is a hospitality franchise opportunity headquartered in Texas. Compare Laquinta Suites alongside other hospitality franchise opportunities to evaluate unit economics, ramp curves, and territory availability before requesting a Franchise Disclosure Document.
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Laquinta Suites franchise — frequently asked questions
How much does it cost to open a Laquinta Suites franchise?+
Total initial investment for a Laquinta Suites franchise typically ranges from $8,302,253 to $11,745,002, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Laquinta Suites charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Laquinta Suites franchise?+
No prior industry experience is required. Laquinta Suites provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Laquinta Suites location?+
From signed franchise agreement to grand opening, most Laquinta Suites franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Laquinta Suites franchisees?+
Laquinta Suites is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.