WaterWalk Hotels and Apartments FDD Summary
Type of Business
WaterWalk Franchise Services LLC will grant an approved franchisee a franchise to operate a WaterWalk Property, which offers customers unfurnished apartments and furnished hotel suites for short term and long term stays.
Corporate Information
WaterWalk Franchise Services LLC is a Kansas limited liability company, which was formed on April 4, 2014 under the name WaterWalk Apartments Franchise Services LLC and changed its name to WaterWalk Franchise Services LLC on January 26, 2015. Their principal business address is 515 S. Main Street, Suite 108, Wichita, Kansas 67202.
Investment
The total investment necessary to begin operation of a WaterWalk Hotel Apartments franchise ranges from $14,665,000 to $18,763,000. This includes between $135,000 and $475,000 that must be paid to WWFS or its affiliates when the Property has no more than 153 apartments/suites. If the Property will have more than 153 apartments/suites, the payment to WWFS and its affiliates and the total investment is increased by $375 per each additional apartment/suite.