Sky-Palace Inn & Suites franchise: cost, fees and total investment
Short answer: The Sky-Palace Inn & Suites franchise fee is $15,000 and the total initial investment ranges from $50,000 to $230,000, with about $20,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Sky-Palace Inn & Suites FDD.
What are the Sky-Palace Inn & Suites franchise fees and investment?
The Sky-Palace Inn & Suites franchise requires a franchise fee of $15,000 and a total initial investment of $50,000 to $230,000. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $15,000 |
|---|---|
| Total initial investment (FDD Item 7) | $50,000 to $230,000 |
| Minimum liquid cash | $20,000 |
| US locations | 5 |
| Industry | Hotels & Travel (Hotels & Lodging) |
| Headquarters | Roseville, Minesota |
| Founded | 2019 |
| Franchising since | 2019 |
How does the Sky-Palace Inn & Suites investment compare with other hotels & travel franchises?
Sky-Palace Inn & Suites's minimum investment of $50,000 is at or below the median minimum investment of $7,607,385 across the 195 hotels & travel franchises in the SelectFranchiseList database. 182 of the other 194 brands in this industry start at a higher investment. Its franchise fee starting at $15,000 compares with an industry median of $50,000.
What should you verify in the Sky-Palace Inn & Suites FDD?
Verify six parts of the Sky-Palace Inn & Suites Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Sky-Palace Inn & Suites discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Sky-Palace Inn & Suites?
These hotels & travel franchises have the closest minimum investment to Sky-Palace Inn & Suites:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Driverseat | $29,000 to $39,000 | $53,029 to $89,457 |
| Stay Express | $26,250 to $32,750 | $46,250 to $11,594,750 |
| Centerstone | $30,000 | $54,499 to $8,728,497 |
| Hyatt Studios | $50,000 to $100,000 | $40,200 to $134,000 |
| Radisson Individuals | $75,000 | $60,150 to $109,500 |
See every brand in hotels & travel franchises.
Frequently asked questions
How much does a Sky-Palace Inn & Suites franchise cost?
The total initial investment for a Sky-Palace Inn & Suites franchise ranges from $50,000 to $230,000, including a franchise fee of $15,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Sky-Palace Inn & Suites franchise?
Sky-Palace Inn & Suites lists a minimum of about $20,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Sky-Palace Inn & Suites locations are there?
Sky-Palace Inn & Suites reported 5 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Sky-Palace Inn & Suites been franchising?
Sky-Palace Inn & Suites started offering franchises in 2019 after the company was founded in 2019.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Sky-Palace Inn & Suites and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Sky-Palace Inn & Suites. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.