Red Roof Inn vs The Dry Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Red Roof Inn vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$203,500 - $5,456,700 | $74,000 - $116,000 |
Franchise Fee |
$30,000 | $30,000 |
Royalty Fee |
4.5% | 7% |
Advertising Fee |
4%(Marketing & Reservation Fee) | 2% |
Year Founded |
1967 | - |
Year Franchised |
1996 | - |
Term Of Agreement |
20 years | 10 Years |
Term Of Agreement |
20 years | 10 Years |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
Experience |
General business experience | Business Experience:
NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | Yes/- |
Inventory |
No/Yes | Yes/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: Varies
Classroom Training: 40 hours
Additional Training: Regional workshops
| raining
Business development program
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app | - |
Operations |
Number of Employees Required to Run: 10
10% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Red Roof Inn
Congratulations! You have made the first step in learning more about how you can join the Red Roof family. Here you will learn how you're making a smart decision by choosing to become a Red Roof franchisee.
A Smart-By-Design Franchise Opportunity,
A Red Roof franchise has been an extraordinarily positive experience from almost all standpoints; customer service, design help, purchasing efficiencies, brand loyalty and, most importantly, reservations. The brand has consistently performed extremely well in good and bad economic times and often punched above its weight and rate. Brand changes are always done by considering franchisee needs while ensuring the customer gets the most value for their money. The company has also been very adaptive changing customer demographics and has adapted both its physical plant and virtual image to appeal to a broad cross section of travelers.
98% of current Red Roof franchisees would recommend a Red Roof franchise to other entrepreneurs.
Red Roof is securely positioned in the upper-end of the economy segment with RevPARs currently averaging 21% higher than competing economy hotels in the markets in which we compete. Our Smart-by-Design approach to franchising is evident in everything we do, from exciting new prototypes and conversion plans to day-to-day operations training. We focus on the details that keep our guests coming back and our franchisees successful.
With a seasoned management team and a focus on the success of one outstanding brand, Red Roof is truly redesigned and rededicated to become the best franchise opportunity in the economy segment.
#66 in Franchise 500 for 2020.
#134 in Franchise 500 for 2021.
About The Dry Boys
Mention
the words "Water damage” to any home owner across the USA, and watch
their reaction, there are no two words in the English dictionary that
gets a home owner’s attention more than these two words. When water
penetrates your home, minutes seem like hours and one immediate action
is critical as the damages can be quite destructive within
seconds.
Nothing in the world spreads as rapidly and forcefully as water
damage, and the destruction of water floods can instantly bring mayhem to your
property, penetrating to areas you didn’t even notice at first glance.
If water damage is not treated in a timely fashion, your walls will
absorb moisture, mildew, mold, rust, odor and create havoc to your
walls, floors, furniture in your home.
Picking the right Water
Restoration professional can be the difference between a clean and safe
house.
The Dry Boys professionals have decades of experience, advanced
equipment, and the necessary measures to restore your house to a clean
and healthy home.