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Promoted Opportunities

#454

Initial Investment

LOW: $3,656,600
HIGH: $4,813,000

Change in Units

+18.4% +16 UNITS (1 Year)
+45.1% +32 UNITS (3 Years)

Company Profile

Founded

1998

Franchising Since

1999 (18 Years)

Corporate Address

4001 International Pkwy. Carrollton, TX 75007

CEO

Jim Amorosia

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.

Financials

Financial Requirements

Initial Investment

$3,656,600 - $4,813,000

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

2%

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
Regional Media
National Media

Absentee Ownership Allowed

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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: September 21st, 2016

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