Red Roof Franchise Cost

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

Red roof franchise cost.

3 465 600 to 4 805 500 working capital. There is an initial franchise fee of 30 000 which grants you the license to run a business under the red roof inn name. Red roof inns franchise. Have questions about red roof franchising.

Franchise facts how much does a red roof inn franchise cost. Today red roof inn has more than 325 locations serves millions of guests each year and employs over 6 000 people. Let us know and we ll answer any questions and help you get started. 30 000 ongoing royalty fee.

9 hours classroom training. Such filing does not constitute approval by the department of law. No offer or sale of a franchise will be made without red roof s candidate screening process. Its first inn opened in columbus ohio with a single room rate of 8 50 in 1973.

84 5 hours additional training. 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 brand underwent a nationwide 200 million renovation in 2012 and also introduced red roof plus a brand extension that includes upgraded amenities and services. 4 5 ad royalty fee.

Red roof inn was incorporated by founder james r. Looking to build or convert a property. How much does red roof inn franchise cost. The estimated investment required to open a red roof inn franchise is between 195 500 5 099 000.

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. 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. James trueman a builder and contractor opened the first red roof inn in columbus ohio in 1972.

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.