Trend Hotels and Suites by My Place FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this franchise disclosure document is for the rights to own and/or operate, through the conversion of an existing property, a Trend Hotels and Suites by My Place business that provides transient lodging (hotel) services to the public.
My Place Hotels of America, LLC is a South Dakota limited liability company that was organized on July 22, 2011. Their principal business address is 1910 8th Avenue Northeast, Aberdeen, South Dakota 57401.
The total investment necessary to begin the operation of a newly converted 65-130 room Trend franchise is approximately $180,500 – $2,851,000 not including the cost to buy or lease real property. This includes the $55,000 – $72,000 that must be paid to the franchisor or its affiliate(s).