Apartments by Marriott Bonvoy
Franchise research report · reviewed 2026 disclosure data
Researching Apartments by Marriott Bonvoy franchise opportunities? Every figure below is cited to the FDD.
Outdoor Collection by Marriott Bonvoy franchise offers unique glamping and cabin experiences under the trusted Marriott brand, combining outdoor adventure with
Headline figures
Quick facts
- How much does it cost to open an Apartments by Marriott Bonvoy franchise?
- The Apartments by Marriott Bonvoy Franchise Disclosure Document reports separate estimated initial investments by format: $35,522,790–$117,505,390 for total range — $35522790 (2026 FDD, Item 7, PDF p. 63); $35,522,790 for cover total investment — 50–100 guestrooms (2026 FDD, Item 7, PDF p. 1). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Apartments by Marriott Bonvoy initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $5 (2026 FDD, Item 5, PDF p. 38). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- Does Apartments by Marriott Bonvoy disclose financial performance (Item 19)?
- No. The reviewed Apartments by Marriott Bonvoy FDD states that it does not make a financial performance representation in Item 19. Details
- How many Apartments by Marriott Bonvoy locations are there?
- The FDD reports 4 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 116). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $35,522,790 – $117,505,390 (Total Range — $35522790); $35,522,790 (Cover total investment — 50–100 guestrooms); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Total Range — $35522790PDF p. 63$35,522,790 – $117,505,390
- Cover total investment — 50–100 guestroomsPDF p. 1$35,522,790
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 38
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
171 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
No financial performance representation in Item 19
The reviewed 2026 FDD for Apartments by Marriott Bonvoy has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide: United States and Canada, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 116
Net +0 outlets, 2025–2025
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($35,522,790 – $117,505,390) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Apartments by Marriott Bonvoy reports no financial performance figures in Item 19. What information can you share about unit-level results?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 38
- [2]Outlet counts — Item 20, Table 1 · PDF p. 116
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
34 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | total assets | $582,261 |
| 2025 | accounts receivable, net | $22,151 |
| 2025 | due from related parties, net | $518,004 |
| 2025 | total current liabilities | $4,533 |
| 2025 | deferred income - non current portion | $32,360 |
| 2025 | membership interest | $20,000 |
| 2025 | note receivable and accrued interest from member | -$7,153 |
| 2025 | retained earnings | $453,064 |
| 2025 | current year earnings | $79,457 |
| 2025 | total member's equity | $545,368 |
| 2025 | franchise fees | $95,027 |
| 2025 | gross fee revenue | $98,016 |
| 2025 | net fee revenues | $96,599 |
| 2025 | cost reimbursement revenue | $50,883 |
| 2025 | related party royalty expense | $40,213 |
| 2025 | operating income | $55,622 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $79,457 |
| 2025 | accounts receivable | -$10,279 |
| 2025 | due from related parties | -$74,433 |
| 2025 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | $963 |
| 2025 | deferred income | $25,174 |
| 2025 | interest receivable | -$413 |
| 2025 | total revenues | $147,482 |
| 2025 | total operating costs and expenses | $91,860 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $79,457 |
| 2025 | balance as of december 31, 2025More than one value recorded for this year — open the FDD source before comparing | -$7,153 |
| 2025 | balance as of december 31, 2025More than one value recorded for this year — open the FDD source before comparing | $545,368 |
| 2025 | total liabilities | $36,893 |
| 2025 | contract investment amortization | -$1,417 |
| 2025 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | $1,930 |
| 2025 | licensing fees and other revenue | $2,989 |
| 2025 | general, administrative, and other | $633 |
| 2025 | deferred income - current portion | $2,603 |
| 2025 | amortization, depreciation and other | $1,487 |
| 2025 | amortization and depreciation expense | $70 |
| 2025 | reimbursed expenses | $50,944 |
| 2025 | interest income | $23,835 |
| 2025 | contract acquisition costs | -$21,956 |
| 2025 | balance as of december 31, 2025More than one value recorded for this year — open the FDD source before comparing | $532,521 |
| 2025 | balance as of december 31, 2025More than one value recorded for this year — open the FDD source before comparing | $20,000 |
| 2025 | total current assets | $22,151 |
| 2025 | intangible assets, net | $42,106 |
| 2024 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | $967 |
| 2024 | deferred income - current portion | $1,741 |
| 2024 | total current liabilities | $2,708 |
| 2024 | deferred income - non current portion | $8,048 |
| 2024 | total liabilities | $10,756 |
| 2024 | membership interest | $20,000 |
| 2024 | total member's equity | $466,324 |
| 2024 | franchise fees | $69,954 |
| 2024 | licensing fees and other revenue | $2,026 |
| 2024 | gross fee revenue | $71,980 |
| 2024 | net fee revenues | $70,777 |
| 2024 | related party royalty expense | $26,728 |
| 2024 | general, administrative, and other | $2,417 |
| 2024 | reimbursed expenses | $32,582 |
| 2024 | operating income | $41,474 |
| 2024 | interest income | $22,356 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $63,830 |
| 2024 | amortization, depreciation and other | $1,270 |
| 2024 | due from related parties | -$66,581 |
| 2024 | deferred income | $4,010 |
| 2024 | interest receivable | -$427 |
| 2024 | total revenues | $103,268 |
| 2024 | total operating costs and expenses | $61,794 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $63,830 |
| 2024 | balance as of december 31, 2024More than one value recorded for this year — open the FDD source before comparing | $20,000 |
| 2024 | balance as of december 31, 2024More than one value recorded for this year — open the FDD source before comparing | -$6,740 |
| 2024 | balance as of december 31, 2024More than one value recorded for this year — open the FDD source before comparing | $453,064 |
| 2024 | note receivable and accrued interest from member | -$6,740 |
| 2024 | cost reimbursement revenue | $32,491 |
| 2024 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | -$45 |
| 2024 | contract acquisition costs | -$67 |
| 2024 | contract investment amortization | -$1,203 |
| 2024 | amortization and depreciation expense | $67 |
| 2024 | accounts receivable | -$1,990 |
| 2024 | retained earnings | $389,234 |
| 2024 | current year earnings | $63,830 |
| 2024 | balance as of december 31, 2024More than one value recorded for this year — open the FDD source before comparing | $466,324 |
| 2024 | intangible assets, net | $21,637 |
| 2024 | total current assets | $11,872 |
| 2024 | due from related parties, net | $443,571 |
| 2024 | accounts receivable, net | $11,872 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $63,830 |
| 2024 | total assets | $477,080 |
| 2023 | franchise fees | $71,032 |
| 2023 | licensing fees and other revenue | $2,124 |
| 2023 | gross fee revenue | $73,156 |
| 2023 | contract investment amortization | -$1,225 |
| 2023 | net fee revenues | $71,931 |
| 2023 | cost reimbursement revenue | $22,486 |
| 2023 | general, administrative, and other | $1,470 |
| 2023 | reimbursed expenses | $22,486 |
| 2023 | operating income | $43,646 |
| 2023 | interest income | $20,511 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $64,157 |
| 2023 | amortization, depreciation and other | $1,292 |
| 2023 | accounts receivable | -$1,196 |
| 2023 | due from related parties | -$61,623 |
| 2023 | accounts payable | -$1,221 |
| 2023 | deferred income | -$1,506 |
| 2023 | contract acquisition costs | $511 |
| 2023 | interest receivable | -$414 |
| 2023 | total operating costs and expenses | $50,771 |
| 2023 | balance as of december 31, 2023More than one value recorded for this year — open the FDD source before comparing | -$6,313 |
| 2023 | balance as of december 31, 2023More than one value recorded for this year — open the FDD source before comparing | $389,234 |
| 2023 | related party royalty expense | $26,748 |
| 2023 | amortization and depreciation expense | $67 |
| 2023 | balance as of december 31, 2023More than one value recorded for this year — open the FDD source before comparing | $402,921 |
| 2023 | total revenues | $94,417 |
| 2023 | balance as of december 31, 2023More than one value recorded for this year — open the FDD source before comparing | $20,000 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $64,157 |
| 2023 | accrued interest receivable | -$414 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $64,157 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $64,157 |
| 2022 | balance as of december 31, 2022More than one value recorded for this year — open the FDD source before comparing | -$5,899 |
| 2022 | balance as of december 31, 2022More than one value recorded for this year — open the FDD source before comparing | $325,077 |
| 2022 | balance as of december 31, 2022More than one value recorded for this year — open the FDD source before comparing | $339,178 |
| 2022 | balance as of december 31, 2022More than one value recorded for this year — open the FDD source before comparing | $20,000 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.