Studio 6 Franchising
What it takes to own a Studio 6 franchise...
Prototype Requirements
Approximate cost to build our new prototype is $47,000—$52,000 per room; this an average cost and does not include land or extensive costs due to location of project (i.e. labor expenses, shipping). Our cost per room includes: FF&E, Construction costs, Architectural fees, Permits, and Pre-construction costs.
Fees1
Franchise fee: A one-time fee of $25,000
Royalty Fees: 5%
Marketing Fees: 2%
Typical Land Requirements
82 unit prototype = 1 ¾ Acres
124 unit prototype = 2 ¼ Acres
Conversion Requirements
- Property must have same appearance and feel as any other Studio 6, including the décor in public areas and guestrooms.
- Property must be built as an extended stay or suites type property.
- Property must incorporate Studio 6 colors and architectural features.
Reasons why you should own a Studio 6 franchise...
Advantages
- With over 40 years of expertise as an owner/operator, franchisees have an opportunity to benefit from Accor’s unique understanding of ownership and the ability to deliver results in a competitive environment.
- Demand for extended stay and suite accommodations is on the rise and opportunities are available in ALL states.
- Capitalizes on Motel 6 awareness (signage and marketing). Directory listings in the Studio 6 AND the Motel 6 directories.
- Studio 6 properties are cross-promoted on the popular Motel 6 website in addition to the Studio 6 website. Over 60% of the people who visit the Studio 6 website come from the link on Motel6.com.
- Average occupancy of 72% with a weekly nationwide average rate of $250 in 20061
- Cost of operation provides a better ROI than the “typical” motel. Limited hours, limited service = greater profits.
- Average length of stay: 12 nights
- Studio 6 is a superior value for the budget conscious traveler needing accommodations for 5 or more nights.
- Room Sizes: Single studio is approximately 16’X19’ - Double studio is approximately 16’ X 22’ Initial and ongoing training at the Accor Académie.
- Buying Power – through ANA Procurement, including our online Accor Marketplace System, at no cost to our franchisees, E-pro provides franchisees the convenience of one-stop shopping for all their furnishings and supplies. Franchisees also earn rebates when they shop with our nominated suppliers.
- Pet Friendly
Individual results vary by hotel, market and experience of operator. This is NOT an offer. An offer can only be made through an offering circular. MNREG F-5053.
© 2007 Accor Franchising North America—4001 International Parkway, Carrollton, TX 75007
1 Source: UFOC - March 2007
What our current franchisees say about Studio 6...
- “Great product! Our guests LOVE our rooms!”
- Angie Resendez, General Manager, McAllen, TX - “My Studio 6 was a better return on my investment, than I ever imagined!”
- Bill Sisson (2006 Franchisee of the Year) - “Accor provides excellent support. They are always there when I need them.”
- Raj Patel (Dallas, TX)
For Franchise Opportunities please call (888) 842-2942 or email FranchiseSales@accor-na.com