Red Roof Inn
#62 Franchise 500| Economy hotels

Red Roof Inn
Economy hotels

About
Founded

1972

Franchising Since

1996 (23 Years)

Corporate Address

7315 Walton Pkwy.
Columbus, OH 43054

CEO

Andrew Alexander

Parent Company

Red Roof Inns Inc.

Financial Requirements
Initial Investment

$195,500 - $5,099,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

4%

Financing Options

Red Roof Inn has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

9 hours

Classroom Training:

84.5 hours

Additional Training:

Regional workshops

Absentee Ownership Allowed
Number of Employees Required to Run:

10

Red Roof Inn is ranked #62 in the Franchise 500!
Bio
James Trueman, a builder and contractor, opened the first Red Roof Inn in Columbus, Ohio, in 1972. The company's original slogan, "Sleep Cheap," was reflective of its initial nightly room rates of $8.50. Today the economy hotel chain, which began franchising in 1996, has locations throughout the country, but primarily in the Midwest, Southern, and Eastern U.S. The brand underwent a nationwide $200 million renovation in 2012, and also introduced Red Roof Plus+, a brand extension that includes upgraded amenities and services.
Cost
Initial Investment: Low - $195,500 High - $5,099,000
Units
+8.0%+41 UNITS (1 Year) +35.9%+146 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

There's a Skilled Trade Labor Shortage. Can We Fix It?

How franchises are working to boost their workforce.

How Dubai Based Startup Uncle Fluffy Bakery Became A Global Franchise

The Uncle Fluffy brand now has the distinction of being franchised out to multiple geographies within three years of its existence, which makes one wonder of its secret sauce.

Licensing vs. Franchising: Which Path Is Right for You?

Here are three factors to help you determine how best to expand your business through franchising or licensing.

Being Laid Off was the Best Thing that Happened for This Travel Franchisee

How Sue Palenik turned a passion into a million-dollar business.

Want to Open a Business? Here Are 5 Reasons to Consider Franchising.

There's more than one way to become your own boss.

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 4th, 2019