Ten units across the term. We can start with 3–5 units in year one and scale, but total partnership visibility must cover at least ten. Below that number, the economics of co-financing don't work — for us or for you — and the turnkey route is more efficient.

The agreement includes several exit clauses by cause: operational (strategic change, operational drift), legal (regulatory shifts that prevent operation), or personal (illness, death, divorce). Each scenario carries a clear formula for valuing the units at that point and closing the relationship without punitive penalties.

You do. Units are registered to your operating company from day one. NOOK holds a revenue-share right, not an ownership interest in the suite or the land. At term-end that right extinguishes and the unit is 100% yours, no additional payments or buy-back options.

A private NOOK operator community, listing templates for each channel, quarterly performance reviews with benchmarks, annual preventive maintenance, priority factory slots for expansions, and access to the founding team every Monday across the full term. This isn't an external consultancy — it's the team that built your unit answering your questions.

We cover the territories served by our three factories: Spain, Portugal, France, Italy and North Africa (from the Spanish factory); Germany, the UK, Benelux, Scandinavia and Eastern Europe (from Germany); the United States, the Caribbean and Central America (from Florida). We don't accept partnerships outside these territories — logistics would destroy the agreement's economics.

Four things, in this order: demand (AirDNA data and comparable occupancy), access (truck-crane logistics to the site), regulation (available permit routes), operator (prior experience or capacity to learn). We don't ask for financial documents until the site visit — if the case doesn't fit the first four criteria, there's no point reviewing balance sheets.