Franchimp Summary Rating
Lower than 26% of peers
Franchise Summary
Description
The franchise is for the operation of a Studio 6 extended stay or all-suites motel offering limited services and limited amenities, designed to compete directly with other extended stay and all-suites brands in the extended stay segment of the lodging market ("Studio 6 Extended Stay Motel," Studio 6 Suites," Studio 6 Motel," Studio 6," or "Motel").
Company Background
G6 Hospitality Franchising is a privately-held company headquartered in Dallas, TX. The company owns the rights to operate Studio 6(R), an extended stay motel brand that offers limited services and amenities designed to compete with other brands in the same segment of the lodging market.
Franchise Opportunity
The Studio 6 Extended Stay Motel is the fastest-growing extended stay hotel franchise in North America. We are looking for motivated, energetic and customer service oriented individuals to join our team of Studio 6 Franchisees. You will be part of a rapidly growing brand that offers you a proven business model with unlimited potential for growth and success. Our goal is to help you succeed by providing an extensive start up training program along with ongoing support from our corporate office as well as your fellow franchisees throughout the country. Join us today!
Corporate Structure
G6 Hospitality Franchising LLC is a Delaware limited liability company organized in January 2005, whose original name was Accor Franchising North America, LLC. The name was changed in July 2012. Their principal business address is 4001 International Parkway, Carrollton, Texas 75007. They conduct their business under their legal name and offer franchises in the United States under the service marks “Studio 6®” and “Motel 6®”. They began offering franchises for Studio 6 Motels in January 2005.
Franchise Types Available
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Employee Contact Database
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Distribution of Studio 6 Franchisees
Studio 6 Franchise System Development in 2024
FAQ
How much investment do I need to start my own Studio 6 business?
Franchisees typically require at least $6,812,341 to $9,217,088 investment to get their Studio 6 business started
What are the initial franchise fees for Studio 6?
Franchisees typically need to pay at least $41,300 in fees directly to Studio 6 in order to earn the right to launch their business
How much money can I make with a Studio 6 franchise? What are
the average revenues for a typical Studio 6 business?
We haven’t done the math on how much revenue a typical
Studio 6 brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Studio 6 to generate a similar amount
How long do I need to commit to running a Studio 6 unit? What
is my contractual commitment?
Studio 6 franchisees are typically required to sign up to a
20 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$6,812,341 to $9,217,088
which is
Much Lower
than the $0 to $0 average in the Lodging 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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