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Promoted Opportunities

#186

Initial Investment

LOW: $2,389,600
HIGH: $3,454,000

Change in Units

+7.0% +82 UNITS (1 Year)
+19.8% +208 UNITS (3 Years)

Company Profile

Founded

1962

Franchising Since

1996 (21 Years)

Corporate Address

4001 International Pkwy. Carrollton, TX 75007

CEO

Jim Amorosia

Parent Company

G6 Hospitality

About Motel 6

The first Motel 6, opened in Santa Barbara, California, in 1962, got its name from its room rates: $6 a night. Though its prices have necessarily risen over time, that original location is still open. The hotel chain was acquired by Accor in 1990, and began franchising in 1996.

Financials

Financial Requirements

Initial Investment

$2,389,600 - $3,454,000

Net-worth Requirement

$1,750,000

Liquid Cash Requirement

$400,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3.5%

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 1 day

Training at headquarters: 5 days

Additional Training: Annual convention

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 2 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 13th, 2016

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