How much does red roof inn franchise cost.
Red roof franchise cost.
The estimated investment required to open a red roof inn franchise is between 195 500 5 099 000.
3 465 600 to 4 805 500 working capital.
100 000 to 135 000 royalty fee.
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.
Such filing does not constitute approval by the department of law.
The company s original slogan sleep cheap was reflective of its initial nightly room rates of 8 50.
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.
9 hours classroom training.
30 000 ongoing royalty fee.
Looking to build or convert a property.
Its first inn opened in columbus ohio with a single room rate of 8 50 in 1973.
Red roof franchising llc 7815 walton pkwy new albany ohio 43054.
James trueman a builder and contractor opened the first red roof inn in columbus ohio in 1972.
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.
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 was incorporated by founder james r.
Red roof inn has the franchise fee of up to 30 000 with total initial investment range of 195 500 5 099 000.
How much does it cost to open a red roof inn franchise.
Today red roof inn has more than 325 locations serves millions of guests each year and employs over 6 000 people.
Franchise facts how much does a red roof inn franchise cost.
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.
No offer or sale of a franchise will be made without red roof s candidate screening process.
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Red roof inns franchise.
