Value Place FDD Summary
Type of Business
WoodSpring Hotels Franchise Services LLC will grant an approved Franchisee a franchise to operate a Value Place property, which offers customers the value of a furnished room with kitchen facilities, together with terms and conditions, services and amenities associated with extended-stay hotels, including easy check-in, one-week stays, and periodic housekeeping.
Corporate Information
WoodSpring Hotels Franchise Services LLC is a Kansas limited liability company, which was formed on April 8, 2004 under the name Value Place Franchise Services LLC. Their principal business address is 8621 E. 21st Street North, Suite 250, Wichita, Kansas 67206.
Investment
The total investment necessary to begin operation of a Value Place franchise ranges from $6,092,000 to $7,910,000. This includes between $51,499 and $58,499 that must be paid to WHFS.