Moxy Hotels FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a Moxy Hotel select-service hotel.
Corporate Information
MIF, L.L.C., a limited liability company established under the laws of the State of Delaware in 2012. Their principal business address is 7750 Wisconsin Avenue Bethesda, Maryland 20814. They have offered franchises for Moxy Hotels since 2014. The franchisor is a subsidiary of Marriott International, Inc., incorporated under the laws of the State of Delaware in 1997.
Investment
The total investment necessary to begin operation of a newly-constructed prototypical Moxy hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $15,074,510 to $39,712,110 for a 100 to 150-room Moxy Hotel and from $22,320,710 to $48,675,410 for a 151 to 200-room Moxy Hotel, plus from 100,000 to 200,000 Euros to be paid to a third-party not related to the franchisor. This includes approximately $172,300 to $282,200 that must be paid to the franchisor or an affiliate.
