#331

Initial Investment

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

Change in Units

+10.3% +9 UNITS (1 Year)
+18.4% +16 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1998

Franchising Since

1999 (17 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%

Franchise 500® Rank History

  • 2012 - 313
  • 2013 - 296
  • 2014 - 331
  • 2016 - 331

* Not all years were ranked

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 at headquarters: 1 week

Additional Training: Annual convention

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Internet
Field Operations

Marketing Support
Ad Slicks

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: May 13th, 2016

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Previous Years Rankings

2016 2015 2014 2013 2012