Woodspring Suites
The total investment to open a Woodspring Suites franchise ranges from $8.2M to $13.3M. The initial franchise fee is $50,000. Ongoing royalties are 6% plus a 2.5% advertising fee.
What is the Woodspring Suites franchise?
Woodspring Suites is a hotel business offering rooms to people who need a place to stay for an extended period. The estimated total initial investment is $8,229,200 to $13,293,300, and the initial franchise fee is $50,000, according to the 2024 Franchise Disclosure Document.
The ongoing royalty is 6 percent of sales, and the advertising or brand fund fee is 2.5 percent. It caters to extended stays.
The brand was founded in 2003 and is headquartered in Rockville, MD.
Loan Activity Score
50/100
SBA Default Rate
0.0%
Active Lenders
11
According to its Franchise Disclosure Document or public business records, Woodspring Suites has 11 locations, all owned by franchisees. Public SBA loan records show 11 lenders made 11 loans to franchisees of Woodspring Suites. PeerSense calculates Woodspring Suites's score as 50 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2024 Franchise Disclosure Document.
Franchising since 2003 · 11 locations
$8.2M to $13.3M
$50,000
11
11 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Woodspring Suites
11
Total SBA loans
$3.0M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Woodspring Suites
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
11
Total Volume
$33.3M
Active Lenders
11
1 selective
States
6
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Woodspring Suites based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
11 loans
Across 11 lenders
Lender Diversity
11 lenders
Avg 1.0 loans per lender
Investment Tier
Premium investment
$8,229,200 to $13,293,300 total
Woodspring Suites: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2020
4 approvals. The best year on record for Woodspring Suites.
Top SBA State
Georgia
3 SBA financed Woodspring Suites locations, the densest operator footprint.
Average Loan Size
$3.0M
Median $2.4M. Use as a sizing anchor when modeling your own Woodspring Suites unit.
Lender Concentration
27.3%
Moderately Spread
Share of Woodspring Suites approvals captured by the top 3 SBA lenders.
Woodspring Suites's SBA lending pipeline peaked in 2020 (4 approvals). The last five fiscal years account for 18% of cumulative volume ($6.2M approved). Operator density is highest in Georgia with 3 SBA financed locations. Average funded ticket sits at $3.0M, with the median at $2.4M. Lender mix is moderately spread: the top three SBA lenders account for 27.3% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$85,187
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Woodspring Suites, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman