Research preview · Archived source data · Not independently reviewed · Automated extraction

Hotels & Lodging · Brand S1582

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Apr 1, 2026 · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$9,160,125 to $14,367,915
new construction (84-room prototype)
Royalty
5.5%
5.5% of preceding month's Gross Room Revenues (GRR), payable monthly
Working capital
$50,000 to $75,000
for the 3-month initial period after opening, covering recurring fees, suppliers, employees, and utilities
Units
402
-8 net in 2025
SBA loans approved
81
FY2021 to FY2026 YTD
SBA charge-off share
0.00%
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
new construction (84-room prototype)$9,160,125 to $14,367,915

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.50 ↗

Franchise fees and ongoing costs

Franchise fee
$5,000 to $45,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
5.5% · 5.5% of preceding month's Gross Room Revenues (GRR), payable monthly
Marketing contribution
3.5% (basis not captured; see original filing)
Technology fee
Property Technology & Service Fee: $9.65/room/month, subject to $625 minimum and $925 maximum, payable monthly
Other fees
Rewards Program Fee (4.5%-5.5% of rewards-member room revenue); CHOC Dues $60/month; ChoiceMAX revenue software $235-$360/month
Working capital (FDD Item 7)
$50,000 to $75,000 for the 3-month initial period after opening, covering recurring fees, suppliers, employees, and utilities

Fees sourceFDD p.35 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.50 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average Occupancy Rate, Average Daily Rate (ADR), RevPAR, and Choice Enterprise/Choice Privileges revenue contribution (no gross sales or profit figures disclosed)
Reporting period
Year ended December 31, 2025
Sample
388 hotels (the 'Performance Sample') out of 402 total open and operating franchised SLEEP INN/SLEEP INN & SUITES hotels in the U.S.
Reported average
Not captured
Reported median
Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.81 ↗

Unit growth: Item 20

Reporting year
2025
Scope
franchised outlets
Starting outlets
410
Year-end outlets
402
Net change
-8
Derivation
ending minus starting outlets
Openings
11
Terminations
0
Non-renewals
1
Other closures
18
Reacquisitions
0
Transfers
25

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.85 ↗

SBA loan history

Loan activity
81 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
$4,075,000
Median loan window
FY2023-FY2026 YTD through 2026-06-30
Median loan sample
31 loans
Historical charge-off share
0.00%
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
0 / 22
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchise cost?

new construction (84-room prototype): $9,160,125 to $14,367,915 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $5,000 to $45,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.50 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average Occupancy Rate, Average Daily Rate (ADR), RevPAR, and Choice Enterprise/Choice Privileges revenue contribution (no gross sales or profit figures disclosed). Sample: 388 hotels (the 'Performance Sample') out of 402 total open and operating franchised SLEEP INN/SLEEP INN & SUITES hotels in the U.S.. Period: Year ended December 31, 2025.

Item 19 performance sourceFDD p.81 ↗

What's the SBA charge-off rate for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels?

0.00%; numerator / denominator: 0 / 22. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $4,075,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 31 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: 2026-04-01; Registry received: 06/02/2026
Document: 36798-202606-02; document SHA-256: b5d64c3ad82be890169c66c314e46c18a76487c3b017b43450f74dc20a9b2ec3
PDF page: 35; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: 2026-04-01; Registry received: 06/02/2026
Document: 36798-202606-02; document SHA-256: b5d64c3ad82be890169c66c314e46c18a76487c3b017b43450f74dc20a9b2ec3
PDF page: 50; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: 2026-04-01; Registry received: 06/02/2026
Document: 36798-202606-02; document SHA-256: b5d64c3ad82be890169c66c314e46c18a76487c3b017b43450f74dc20a9b2ec3
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: 2026-04-01; Registry received: 06/02/2026
Document: 36798-202606-02; document SHA-256: b5d64c3ad82be890169c66c314e46c18a76487c3b017b43450f74dc20a9b2ec3
PDF page: 81; pointer: section-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: 2026-04-01; Registry received: 06/02/2026
Document: 36798-202606-02; document SHA-256: b5d64c3ad82be890169c66c314e46c18a76487c3b017b43450f74dc20a9b2ec3
PDF page: 85; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b

Median SBA loan

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2020_Present_asof_260630.csv; document SHA-256: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe
PDF page: Not captured; pointer: raw-median-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b
Enrichment generated: 2026-10-03T11:34:53.025030+00:00
Program: 7(a); Amount column: GrossApproval