Motel 6 Franchise
Wednesday, April 28, 2010 at 07:41AM Economy lodging
Motel 6
We'll Leave the Light on for You!®
Thanks to one of the most successful ad campaigns in the history of the hotel industry, Motel 6 enjoys strong brand awareness and high guest loyalty. After more than 40 years, Motel 6 is still a true American icon and continues to outperform the competition.
Studio 6 Franchising Studio 6
Extend Your Stay, Not Your Budget®
Studio 6® taps into the national recognition of Motel 6®, while having developed a following all its own. Studio 6 properties feature fully furnished studios with low weekly rates and amenities for comfortable, restful extended stays. The properties are easy to operate and manage with favorable weekly pricing. Invest in one of the segment's fastest growing brands.
Franchise opportunities are available for:
Seasoned quality-oriented developers or operators, and; Those new to the lodging industry.
Franchisee Benefits:
* Complete prototype design
* Architectural, construction and renovation support
* Powerful marketing support and national advertising
* Competitive franchise and royalty fees
* Protected market territories
* Personalized operational support
* Initial training at our corporate headquarters
* Ongoing training on the field and online
* Adherence to fair franchising initiatives
* One-stop shopping for all purchasing needs
For more information regarding Franchise Opportunities,
Please call (888) 842-2942 or email FranchiseSales@accor-na.com
Visit our websites: motel6.com, staystudio6.com and accor-na.com; accorhotels.com
Start-up Costs & Franchises Fees
What is the total cost to open a Motel 6 Franchises?
Total Cost: $2,900,000 USD -$3,300,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10-15 years
Franchise Agreement Renewal Fee: 50% of current franchisee fee
Contact Information for Motel 6
|
Motel 6 |
Phone Number: 214.906.2991 |
Motel 6 In the Press
No results at this time.Historical Expansion
In what year did Motel 6 begin operations? 1962
When did Motel 6 begin selling franchises? 1996
Year United States Canada International Corporate 2004 161 0 0 684 2003 142 0 0 688 2002 132 0 0 682 2001 125 0 0 690 2000 98 4 0 715
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): various sources
Training & Support
Training
Available at franchisee's location, Annual convention
Support
In the Pressletter, Meetings, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media
Franchise Operation Restrictions
10% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 2 - 10
Absentee ownership of franchise is allowed. (70% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes