Studio 6

Founded: 1998 Franchising since: 1999
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.

4001 International Pkwy. Carrollton, Texas 75007

Phone: (888)842-2942

Franchisor has 500 employee(s); 29 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	10	0	0	35
2007	8	0	0	35
2006	8	0	1	37
2005	5	0	0	35

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.

Total investment: $4M-4.6M Franchise fee: $25K

Ongoing royalty fee: 5% Term of agreement: 10-15 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): various sources

Qualifications
Net worth requirement: $1.5M
Cash liquidity requirement: $300K
Business Experience:

• General business experience

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 500® rank:
#498 (2005);