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Below is an in-depth analysis and side-by-side comparison of Studio 6 vs AmericInn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $206,850 - $9,621,350 | $221,286 - $7,605,378 |
Franchise Fee | $20,000 - $30,000 | $39,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2% | 3.25% |
Year Founded | 1998 | 1980 |
Year Franchised | 1999 | 1984 |
Term Of Agreement | 10-15 years | - |
Term Of Agreement | 10-15 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention | � Ongoing individual management training |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | � State of the art Electronic Reservation System and Internet bookings � Toll-free 1-800 reservation line � Operations consulting � Capital improvement reviews � Training guides � System-wide newsletters � Annual workshops |
Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | AmericInn's marketing programs promote brand awareness and maximize revenue through national brand advertising, Website and Internet advertising, a frequent guest rewards program, media relations services and news releases, and sales assistance programs. Marketing Support � Support in finding and choosing your hotel location � Hotel design and construction support � On-site opening assistance � Integrated local, regional, and national marketing services � Guest relations assistance � National brand advertising (billboards, print, trade shows) � Website and internet advertising � Travel agent and GDS reservations � Frequent guest program � Chainwide directory � Media relations service � Graphic design service |
Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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