8/10

Franchimp Summary Rating

8 /10
Lower than 24% of peers

Franchise Summary

Description
The Franchisee will own and operate a Red Roof Inn, Red Roof Inn & Suites, Red Roof PLUS+ or RedRoof PLUS+ & Suites lodging facility. Red Roof Inn hotels offer high quality lodging to business andleisure guests at room rates associated with the economy lodging segment
Company Background
Red Roof Inn & Suites is a new, independent lodging facility that will soon be opening in your city. We are members of the Red Roof family and franchisees of Choice Hotels International. The new hotel will provide its guests with an affordable, comfortable stay while also honoring their needs for a clean and friendly environment. Our rooms come equipped with free Wi-Fi, cable TV, plush bedding and pillow top mattresses to ensure you have all the comforts of home when traveling on business or leisure. We want our customers to feel at home from the moment they walk through our doors. Whether it's providing assistance on picking out an ideal room or recommending nearby restaurants - we're here to help!
Franchise Opportunity
The hotel industry is a $300 billion dollar market in the United States alone. Red Roof Inn & Suites is one of the fastest growing franchises, with over 500 locations and counting. If you're looking for an opportunity to start your own business, look no further! By purchasing this franchise now you'll get into this booming industry at its early stages. This will give you time to build up your brand before it becomes saturated by competition. As a result, there's plenty of room for growth and profit potential within this fast-paced environment. Start your own business today!
Corporate Structure
Red Roof Franchising, LLC is a Delaware limited liability company with a principal business address of 605 South Front Street, Columbus, Ohio 43215. Red Roof Franchising, LLC was formed in January 2007. In June 2007, RRF acquired all the rights to franchise Red Roof Inns and assumed as franchisor all existing Red Roof franchise agreements from G6 Hospitality, LLC (f/k/a Accor Franchising North America, LLC).

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Red Roof Inn Franchisees

Red Roof Inn Franchise System Development in 2022

FAQ

How much investment do I need to start my own Red Roof Inn business?
Franchisees typically require at least $5 to $7 investment to get their Red Roof Inn business started
What are the initial franchise fees for Red Roof Inn?
Franchisees typically need to pay at least $53 in fees directly to Red Roof Inn in order to earn the right to launch their business
How much money can I make with a Red Roof Inn franchise? What are the average revenues for a typical Red Roof Inn business?
We haven’t done the math on how much revenue a typical Red Roof Inn brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Red Roof Inn to generate a similar amount
How long do I need to commit to running a Red Roof Inn unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $5,933,500 to $7,288,723 which is Much Lower than the $0 to $0 average in the Hotels & Resorts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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