#313
At a Glance
Products & Services: Extended-stay lodging
Number of Locations: 62
Total Investment: $3.84M - 4.72M
Founded: 1998
Began Franchising: 1999
Private Owned
About Studio 6
Motel 6 introduced Studio 6 in 1998 as an extended-stay option for travelers. Franchising since 1999, Studio 6 offers furnished studio rooms, complete with work areas and fully furnished kitchens. The company is based in Dallas.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 22 | 1 | 0 | 39 |
| 2010 | 21 | 1 | 0 | 40 |
| 2008 | 10 | 0 | 0 | 35 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $3,842,448 - $4,721,473
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10-15 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10-15 years, renewable
Financial Requirements
Net Worth: $1,500,000
Liquid Cash Available: $300,000
How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. Available at franchisee's location. Annual convention
Ongoing Support: Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks,
Franchise Ranking History
Franchise 500®: #313 (2012),
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