Motel 6

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What to know about Motel 6 franchise? Motel 6 is a chain of budget motels in the United States and Canada. Motel 6 also operates Studio 6, a chain of extended stay hotels. The company is owned and operated by G6 Hospitality LLC. The first Motel 6 was opened in Santa Barbara, California in 1962 by William Becker and Paul Greene. The motel was intended to provide clean, affordable accommodations for road trippers and travelers on a budget. Over the years, Motel 6 has expanded its operations to include locations across the United States and Canada. In 2013, the company launched its Studio 6 brand of extended stay hotels. The franchise is for the operation of a Motel 6 motel offering limited services and limited amenities, designed to compete directly with other brands in the transient economy segment of the lodging market. The franchisee is granted a limited right to use the Motel 6 name and logo, as well as the company's system of operation. The franchisor provides a site selection assistance program to help the franchisee identify potential locations for their motel. The franchisee is responsible for all aspects of their motel's operations, including marketing and advertising. Motel 6 is based in Carrollton, TX. Scroll down to learn more!How much does a Motel 6 franchise cost?Are you wondering how much is a Motel 6 franchise? Before starting a Motel 6 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 Motel 6 franchise is $222,550 and can go all the way up to $8,230,104. Keep in mind, you should also allocate additional funds to live off of while the Motel 6 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 Motel 6 franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Motel 6 business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Motel 6 franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.