HomeTowne Studios Franchise

Hotels




HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly

The total investment necessary to begin operation of a HomeTowne Studios
by Red Roof or a Home Town Inn lodging franchise for a 65-room
conversion hotel ranges from $345,500 to $1,238,500. These amounts do
not include the costs of land, original construction or acquisition, or
ground or building lease rent for the hotel location but do include the
approximately $56,500 to $62,000 that must be paid to the franchisor or
an affiliate.





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Please Note: The operators of HomeTowne Studios, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official HomeTowne Studios website.

How much does it cost to open a HomeTowne Studios Franchise?

The investment required to open a HomeTowne Studios Franchise is between $345,500-$1,238,500. There is an initial franchise fee of $30,000 which grants you the license to run a business under the HomeTowne Studios name.

Individual Unit Costs

  • Initial Investment:
    $345,500-$1,238,500
  • Initial Franchise Fee:
    $30,000
  • Royalty Fee:
    3%
  • Advertising Fee:
    N/A


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When did the first HomeTowne Studios open? 2017
When did HomeTowne Studios start Franchising? 2017

Your income potential as a HomeTowne Studios Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

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Listing Tags

HomeTowne Studios, accommodations, family travel, extended stay
HomeTowne Studios Franchise Opportunity viewed 1618 times by investors.

Legal Disclaimer: This information is not a franchise offering for HomeTowne Studios and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a HomeTowne Studios franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

HomeTowne Studios


7815 Walton Parkway
New Albany, OH
43054

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