MN Filing 35656-202603-12
Franchise research report · reviewed 2026 disclosure data
Researching MN Filing 35656-202603-12 franchise opportunities? Every figure below is cited to the FDD.
My Place franchisees operate hotels that provide transient lodging services to the public under the My Place name. The FDD describes guest-room investment rather than a different operating model.
Headline figures
MN Filing 35656-202603-12 quick facts
- Is MN Filing 35656-202603-12 a franchise?
- Yes. MN Filing 35656-202603-12 offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 52 franchised and 0 company-owned outlets (2026 FDD, Item 20, PDF p. 57).
- How much does it cost to open an MN Filing 35656-202603-12 franchise?
- The MN Filing 35656-202603-12 Franchise Disclosure Document reports an estimated initial investment of $98,735–$126,910 (2026 FDD, Item 7, PDF p. 23). This is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does MN Filing 35656-202603-12 charge?
- The disclosed ongoing royalty is 0% (2026 FDD, Item 6, PDF p. 14). The brand or advertising fund contribution is 3% (2026 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
- Does MN Filing 35656-202603-12 disclose financial performance (Item 19)?
- Yes. The MN Filing 35656-202603-12 FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 50). Figures apply only to the locations and period each one covers. Details
- How many MN Filing 35656-202603-12 locations are there?
- The FDD reports 52 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 57). Existing locations do not indicate territory availability. Details
- Is MN Filing 35656-202603-12 a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $98,735 – $126,910 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 13 separate groups: other measures for 71 locations; other measures for 46 locations; other measures for 71 locations; other measures for 25 locations; other measures for 46 locations; other measures for 71 locations; other measures for 25 locations; other measures for 46 locations; other measures for 25 locations; other measures for 25 locations; other measures for 71 locations; other measures for 71 locations; other measures for 46 locations. They are not combined.
- 3Outlets grew by 1 in 2025, to 52 (Systemwide, as labeled in the FDD, Item 20).
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
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 23
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty fee — first occupancy tierMain ongoing fee
21 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?
13 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 71 locations
- Who is counted
- Covered My Place Hotels in the United States open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Period
- All Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 46 locations
- Who is counted
- Franchised Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Period
- Franchised Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 71 locations
- Who is counted
- All Covered Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.; only hotels reporting to STR are included in this index
- Period
- All Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition and hotels not reporting to STR are excluded; no special consideration was given.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Company-owned Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.; only hotels reporting to STR are included in this index
- Period
- Company-owned Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition and hotels not reporting to STR are excluded; no special consideration was given.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 46 locations
- Who is counted
- Franchised Covered My Place Hotels
- Period
- Franchised Covered My Place Hotels
- Excluded
- Covered hotels open and capable of accepting reservations by December 31, 2025; 46–85 rooms; similar services; operated at least one year; no special consideration (PDF pp.49–50).
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 71 locations
- Who is counted
- All Covered My Place Hotels
- Period
- 1–6 Nights
- Excluded
- Covered hotels open and capable of accepting reservations by December 31, 2025; 46–85 rooms; similar services; operated at least one year; no special consideration (PDF pp.49–50).
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Company-owned Covered My Place Hotels
- Period
- 7–14 Nights
- Excluded
- Covered hotels open and capable of accepting reservations by December 31, 2025; 46–85 rooms; similar services; operated at least one year; no special consideration (PDF pp.49–50).
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 46 locations
- Who is counted
- Franchised Covered My Place Hotels in the United States open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Period
- Franchised Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Company-owned Covered My Place Hotels in the United States open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Period
- Company-owned Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- Company-owned Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Period
- Company-owned Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 71 locations
- Who is counted
- All Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.
- Excluded
- Hotels not meeting the Covered My Place Hotels definition are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 71 locations
- Who is counted
- All Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration. that reported to Smith Travel Research, Inc.
- Period
- All Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition or not reporting to STR are excluded; no Covered My Place Hotels received special consideration.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
Locations counted: not stated in the reviewed record
Other measures · 46 locations
- Who is counted
- Franchised Covered My Place Hotels in the United States, open and capable of accepting reservations/bookings by December 31, 2025, with 46–85 rooms, similar services, and at least one year of operation; no special consideration.; only hotels reporting to STR are included in this index
- Period
- Franchised Covered My Place Hotels
- Excluded
- Hotels not meeting the Covered My Place Hotels definition and hotels not reporting to STR are excluded; no special consideration was given.
- Method
- Historical 2025 performance representation; stated measure/table definitions and footnotes apply.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of Year 2025 of each year.
2026 FDD · Item 20 · PDF p. 57
Net +3 outlets, 2023–2025
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 ($98,735 – $126,910) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 51 to 52 in 2025. How many new units opened, closed or changed hands?
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?
How do your results compare with the Item 19 figures, and what explains the difference?
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]Estimated initial investment — Item 7 · PDF p. 23
- [2]Item 19 — Locations counted not stated in the reviewed record — Covered My Place Hotels in the United States open and capable of accepting rese… · PDF p. 50
- [3]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered My Place Hotels in the United States, open and capable of ac… · PDF p. 51
- [4]Item 19 — Locations counted not stated in the reviewed record — All Covered Covered My Place Hotels in the United States, open and capable of a… · PDF p. 52; PDF p. 53
- [5]Item 19 — Locations counted not stated in the reviewed record — Company-owned Covered My Place Hotels in the United States, open and capable of… · PDF p. 52
- [6]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered My Place Hotels · PDF p. 53; PDF p. 54; PDF p. 55
- [7]Item 19 — Locations counted not stated in the reviewed record — All Covered My Place Hotels · PDF p. 55; PDF p. 54
- [8]Item 19 — Locations counted not stated in the reviewed record — Company-owned Covered My Place Hotels · PDF p. 55; PDF p. 54
- [9]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered My Place Hotels in the United States open and capable of acc… · PDF p. 50
- [10]Item 19 — Locations counted not stated in the reviewed record — Company-owned Covered My Place Hotels in the United States open and capable of… · PDF p. 50
- [11]Item 19 — Locations counted not stated in the reviewed record — Company-owned Covered My Place Hotels in the United States, open and capable of… · PDF p. 50; PDF p. 51
- [12]Item 19 — Locations counted not stated in the reviewed record — All Covered My Place Hotels in the United States, open and capable of accepting… · PDF p. 50; PDF p. 51
- [13]Item 19 — Locations counted not stated in the reviewed record — All Covered My Place Hotels in the United States, open and capable of accepting… · PDF p. 52
- [14]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered My Place Hotels in the United States, open and capable of ac… · PDF p. 52; PDF p. 53
- [15]Outlet counts — Item 20, Table 1 · PDF p. 57
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
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.