HomeTowne Studios by Red Roof

Who are we

What to know about HomeTowne Studios by Red Roof franchise? HomeTowne Studios, by Red Roof, is an extended stay hotel company that offers a wide range of services for its guests. HomeTowne Studios provides a variety of amenities for its guests, including laundry facilities, cable television, and high-speed Internet access. HomeTowne Studios also offers a variety of room types, including studio suites and one-bedroom suites. HomeTowne Studios is a great option for those looking for an extended stay hotel. HomeTowne Studios offers a variety of amenities for its guests, including laundry facilities, cable television, and high-speed Internet access. HomeTowne Studios also offers a variety of room types, including studio suites and one-bedroom suites. HomeTowne Studios is located in a variety of locations across the United States, making it a convenient option for those looking for an extended stay hotel. HomeTowne Studios by Red Roof is based in New Albany, OH. Scroll down to learn more!How much does a HomeTowne Studios by Red Roof franchise cost?Are you wondering how much is a HomeTowne Studios by Red Roof franchise? Before starting a HomeTowne Studios by Red Roof 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 HomeTowne Studios by Red Roof franchise is $343,000 and can go all the way up to $12,324,191. Keep in mind, you should also allocate additional funds to live off of while the HomeTowne Studios by Red Roof 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 HomeTowne Studios by Red Roof franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a HomeTowne Studios by Red Roof business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your HomeTowne Studios by Red Roof franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.