Radisson Red
Who are we
What to know about Radisson Red franchise? Radisson Red is a lifestyle hotel brand from Radisson Hotel Group, designed for a new generation of travelers who are passionate about art, music and fashion. They have many locations all over the United States. The hotels offer a unique combination of stylish design, vibrant public spaces and guestrooms with modern amenities such as free Wi-Fi and large flat-screen TVs. The brand's signature restaurants and bars provide guests with a variety of dining and nightlife options, while fitness centers and on-site shops offer additional convenience. Radisson Red provides their franchisees with support in the form of training, marketing and reservation assistance. Radisson Red is based in St. Louis Park, MN. Scroll down to learn more!How much does a Radisson Red franchise cost?Are you wondering how much is a Radisson Red franchise? Before starting a Radisson Red 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 Radisson Red franchise is $7,050,440 and can go all the way up to $41,791,390. Keep in mind, you should also allocate additional funds to live off of while the Radisson Red 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 Radisson Red franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Radisson Red business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Radisson Red franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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Costs & Fees
- $75,000
Franchise Disclosure Documents
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