Red Roof Franchise Cost

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Red roof franchise cost.

How much does it cost to open a red roof inn franchise. Franchise facts how much does a red roof inn franchise cost. Red roof inn was incorporated by founder james r. There is an initial franchise fee of 30 000 which grants you the license to run a business under the red roof inn name.

How much does red roof inn franchise cost. Red roof inns franchise. 30 000 ongoing royalty fee. 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.

Looking to build or convert a property. Let us know and we ll answer any questions and help you get started. 100 000 to 135 000 royalty fee. 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. 9 hours classroom training. Red roof inn has the franchise fee of up to 30 000 with total initial investment range of 195 500 5 099 000. 3 465 600 to 4 805 500 working capital.

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. Its first inn opened in columbus ohio with a single room rate of 8 50 in 1973. 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. 84 5 hours additional training.

James trueman a builder and contractor opened the first red roof inn in columbus ohio in 1972. 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. The estimated investment required to open a red roof inn franchise is between 195 500 5 099 000. 4 5 ad royalty fee.

Red roof franchising llc 7815 walton pkwy new albany ohio 43054.