My Place

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Founded

Started franchising

Industry
Hotels
Sub industry

My Place offers extended stay hotel accommodations, providing fully equipped rooms with kitchenettes for guests seeking convenience and comfort.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$4,481,000
 - 
$5,126,000

Initial franchise fee

?

$40,000

Royalty fee

?

2.5% - 4.75%

Advertising fee

?

2.75%

Revenue (AUV)

?

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Undisclosed

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Operating Profit

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Undisclosed

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Franchised units

?

0

+
-100%
(
-33
)
-100%
(
-33
)

vs. 2 years ago

Company-owned units

?

0

Total units

?

0

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2023

0

0

0

43

22

65

33

28

61

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

My Place
Hotels
franchises
franchises

Operating Profit

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Undisclosed

Sales : Investment ratio

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Undisclosed

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n.a.

Investment Payback

?

Undisclosed

n.a.

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Franchise Disclosure Document

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2,124 franchises
Franchise fees
Total investment

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150+ industry benchmarks
Revenue (AUV)

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Profitability metrics

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Investment Payback (ROI)

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COMPETITORS OF

My Place

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

0

+
-100%
-100%
No growth

$40,000

$4,481,000

-

$5,126,000

Undisclosed

Pro
Pro
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ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

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