HomeTowne Studios by Red Roof
We provide economy extended-stay lodging and transient hotel accommodations for travelers who want a simple, practical place to stay for longer visits or overnight stays. Our hotels offer guest rooms with full or queen beds, a full kitchen or kitchenette, televisions, free in-room Wi‑Fi, and premium cable service. Each location also includes on-site guest laundry, weekly housekeeping with optional daily refresh service, pet-friendly rooms, vending machines, and a business center with computer, printer, scanner, and copier access. We operate as a hotel business at a single approved location, using our brand standards, prototype plans, and operating system. Our properties are designed for guests who value economical accommodations with the convenience of in-room cooking and essential guest services, rather than full-service hotel amenities.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEO
- Headquarters7815 Walton Parkway, New Albany, OH, 43054
- Year founded2017
- Year started franchising2018
- IndustryLodging & Hospitality
- Locations open59 (+59 last three years)
Statistics & metrics
- Investment range$7,922,984 - $9,882,191
- Franchise fee$30,000
- Royalty5% of Gross Room Revenues
- Brand fund2.5% of Gross Room Revenues
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about HomeTowne Studios by Red Roof, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the HomeTowne Studios by Red Roof franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a HomeTowne Studios by Red Roof franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a HomeTowne Studios by Red Roof franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by HomeTowne Studios by Red Roof. | |
| Financial Performance Representations | Review any financial performance information HomeTowne Studios by Red Roof provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 59 |
| Franchise locations | 8 |
| Corporate locations | 51 |
System growth over time
FAQs
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