Red Roof Franchise Cost

How much does it cost to open a red roof inn franchise.

Red roof franchise cost.

The company s original slogan sleep cheap was reflective of its initial nightly room rates of 8 50. Let us know and we ll answer any questions and help you get started. 30 000 ongoing royalty fee. The total investment necessary to begin operation of a red roof plus franchise for a 65 room newly built hotel ranges from 3 628 600 to 5 004 500.

Its first inn opened in columbus ohio with a single room rate of 8 50 in 1973. 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. Looking to build or convert a property. Such filing does not constitute approval by the department of law.

100 000 to 135 000 royalty fee. Red roof inn has the franchise fee of up to 30 000 with total initial investment range of 195 500 5 099 000. Have questions about red roof franchising. 84 5 hours additional training.

The estimated investment required to open a red roof inn franchise is between 195 500 5 099 000. Franchise facts how much does a red roof inn franchise cost. 3 465 600 to 4 805 500 working capital. The total investment necessary to begin operation of a red roof inn or red roof inn suites franchise for a 65 room newly built hotel ranges from 3 519 600 to 4 880 500.

How much does red roof inn franchise cost. James trueman a builder and contractor opened the first red roof inn in columbus ohio in 1972. No offer or sale of a franchise will be made without red roof s candidate screening process. 9 hours classroom training.

Today red roof inn has more than 325 locations serves millions of guests each year and employs over 6 000 people. 4 5 ad royalty fee. There is an initial franchise fee of 30 000 which grants you the license to run a business under the red roof inn name. 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.

Red roof inn has a franchise fee of up to 27 000 with a total initial investment range of 3 465 600 to 4 805 500.