Oyo

Who are we

What to know about Oyo franchise? OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full stack technology. This technology increases earnings and eases operations, providing affordable and trusted accommodation that guests can book instantly. OYO is committed to creating a positive social impact by providing quality accommodation at an affordable price. The company offers franchises for a distinctive hotel concept under the OYO® name and marks. Currently, they only offer franchises to existing hotel operators who wish to convert their hotel to an OYO® hotel. They aim to simplify their customers' lives by expanding revenue streams and leveraging their technological know-how to push demand. Oyo is based in Dallas, TX. Scroll down to learn more!How much does a Oyo franchise cost?Are you wondering how much is a Oyo franchise? Before starting a Oyo franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Oyo franchise is $88,700 and can go all the way up to $200,900. Keep in mind, you should also allocate additional funds to live off of while the Oyo business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Oyo franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Oyo business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Oyo franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.