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.
Red roof franchise cost.
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.
How much does it cost to open a red roof inn franchise.
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.
James trueman a builder and contractor opened the first red roof inn in columbus ohio in 1972.
3 465 600 to 4 805 500 working capital.
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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.
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.
How much does red roof inn franchise cost.
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.
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.
The estimated investment required to open a red roof inn franchise is between 195 500 5 099 000.
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30 000 ongoing royalty fee.
84 5 hours additional training.
The company s original slogan sleep cheap was reflective of its initial nightly room rates of 8 50.
No offer or sale of a franchise will be made without red roof s candidate screening process.
Red roof inns franchise.
There is an initial franchise fee of 30 000 which grants you the license to run a business under the red roof inn name.
4 5 ad royalty fee.
Franchise facts how much does a red roof inn franchise cost.
Red roof franchising llc 7815 walton pkwy new albany ohio 43054.
Red roof inn was incorporated by founder james r.
