Discover lucrative franchise opportunities with Red Roof Inn, a trusted lodging brand offering comprehensive support and a proven track record of success.
Red Roof Inn Franchise Snapshot
Current Locations (Approx): 521
Red Roof Inn Franchise Cost
Liquid Capital Required: $100,000
Net Worth Required: $1,500,000
Total Investment: $3,762,500 - $5,273,500
Minimum Franchise Fee: $49,200
Maximum Franchise Fee: $53,200
Red Roof Inn Franchise Description
Red Roof Inn, incorporated by founder James R. Trueman in 1972, has grown from a single location in Columbus, Ohio, to a renowned lodging brand with over 325 locations nationwide. Known for its value, consistency, and excellent service, Red Roof Inn serves millions of guests each year and employs a workforce of over 6,000 individuals.
Franchise Cost & Investment Information
Investing in a Red Roof Inn franchise provides an opportunity to be part of a trusted brand known for quality and commitment to growth. Below are the financial requirements:
Liquid Capital Required: $100,000
Net Worth Required: $1,500,000
Total Investment: $2,700,000 - $3,100,000
Franchise Fee: $30,000
Why Choose Red Roof Inn?
Red Roof Inn continues to grow through franchising, acquisitions, and new development. Here are key reasons to consider this franchise:
Established Brand: With over 30 years in the lodging industry, Red Roof Inn is a trusted name recognized for its value and service.
Extensive Support: Franchisees benefit from comprehensive training and ongoing operational support.
Market Presence: With over 343 units in operation, Red Roof Inn has a significant footprint in the lodging industry.
Commitment to Quality: The company’s commitment to high standards has created a strong brand identity.
Steps to Owning a Red Roof Inn Franchise
Interested in owning a Red Roof Inn franchise? Here’s how you can get started:
Request Information: Fill out the free information request form on this page to receive more details.
Franchise Disclosure Document (FDD): Download the FDD to review comprehensive information about the franchise, including financial performance and obligations.
Initial Meeting: Schedule an initial meeting with the franchise team to explore the opportunity further.
Approval & Training: Once approved, undergo the training program to prepare for your new role as a franchisee.
Key Takeaways
Red Roof Inn is a well-established brand with over 325 locations.
Initial investment required ranges between $2,700,000 and $3,100,000.
The franchise fee is $30,000.
Red Roof Inn provides extensive support and training to its franchisees.
Strong market presence with over 343 units in operation.
Ready to explore this opportunity? Fill out the free information request form on this page to get started and download the Franchise Disclosure Document to learn more about becoming a Red Roof Inn franchisee.
Red Roof Inn Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.
The Most Recent FDD for Red Roof Inn is From 2022.