Studio 6 vs Oasis Senior Advisors Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Studio 6 vs Oasis Senior Advisors including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Studio 6 Franchise
Oasis Senior Advisors Franchise
Investment $206,850 - $9,621,350$59,290 - $93,490
Franchise Fee $20,000 - $30,000$40,000 - $70,000
Royalty Fee 5%10%
Advertising Fee 2%-
Year Founded 19982013
Year Franchised 19992014
Term Of Agreement 10-15 years-
Term Of Agreement 10-15 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Studio 6 Franchise
Oasis Senior Advisors Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Studio 6 Franchise
    Oasis Senior Advisors Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Studio 6 Franchise
    Oasis Senior Advisors Franchise
    Training On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention -
    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 Social media SEO Website development Email marketing Loyalty program/app -
    Operations Absentee Ownership Allowed -

    Expansion Plans
     
    Studio 6 Franchise
    Oasis Senior Advisors Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About 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. Motel 6 introduced Studio 6 in 1998 as an extended-stay option for travelers.
    Franchising since 1999, Studio 6 offers furnished studio rooms, complete with work areas and fully furnished kitchens. The company is based in Dallas.
     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

    Seeking new franchise units throughout the U.S., Asia, Canada, Central America, Mexico and South America    

    Veteran Incentives  $1,500 general-manager training fee waived
                              
    "franchiserankingscom"
    #28 on Franchise Rankings.com

    "Entrepreneur
    #412 in Franchise 500 for 2020.



    About Oasis Senior Advisors

    Oasis Senior Advisors™ Helps You Find the Right Place

    As the number of seniors in the country grows faster than other segments of the population, the need for compassionate, high-quality living options becomes more important than ever. Oasis Senior Advisors® offers seniors and their families a trusted and knowledgeable guide to help them navigate the choices and find the one that’s just right for their lifestyle, budget, preferences, and care needs.
    At the heart of Oasis Senior Advisors is people who truly care about making a difference in the lives of our clients. As a franchisee, you’ll have access to our proprietary software, OasisIQ™, to assist you in providing personalized service and standout results to every senior with whom you work. Our business model allows you to offer your referral services to your clients for FREE to further ease their burden during this time of change and uncertainty.


    The estimated total initial investment necessary to begin operation of a franchised  Oasis Senior Advisors® business ranges from $59,290 to $93,490. This includes approximately $50,000 to $70,000 that must be paid to the franchisor or its affiliates. The franchisor bases their Initial Franchise Fee on a rate of $0.10 for each person in your Territory, which will typically have 400,000 people.