HomeTowne Studios by Red Roof FDD – Franchise Information, Costs and Fees


Type of Business
The franchisee will own and operate a guest lodging facility under the HomeTowne Studios by Red Roof®, HomeTowne Studios & Suites®, HomeTowne Inn®, or HomeTown Inn® brand. HomeTowne Studios hotels offer hotel rooms and amenities for extended stay, temporary housing or transient visits.


Corporate Information
HomeTowne Studios, LLC is a Delaware limited liability company formed in October 2017 with a principal business address of 7815 Walton Parkway, New Albany, Ohio 43054. They have offered franchises of HomeTowne Studios since July 2018, of HomeTown Inn and HomeTowne Inn since April 2020, and of HomeTowne Studios & Suites since April 2021. Their parent company is Red Roof Franchising, LLC.


Investment
The total investment necessary to begin operation of a HomeTowne Studios hotel franchise for a 124-room newly built hotel and for a 65-room conversion hotel are set forth in the table below:

  • HomeTowne Studios by Red Roof, HomeTown Inn or HomeTowne Inn: Newly Built (124 Rooms) $10,411,393 – $12,910,291, Conversion (65 Rooms) $420,000 – $1,354,100
  • HomeTowne Studios & Suites by Red Roof: Newly Built (124 Rooms) $10,486,393 – $13,50,291, Conversion (65 Rooms) $428,500 – $1,362,100
  • Dual Brand Hotel (Red Roof Inn and HomeTowne Studios): Newly Built (124 Rooms) $11,745,925 – $14,619,155, Conversion (65 Rooms) $693,268 – $2,284,813
  • Dual Brand Hotel (Red Roof PLUS+ and HomeTowne Studios): Newly Built (124 Rooms) $11,764,925 – $14,643,155, Conversion (65 Rooms) Not applicable

These amounts do not include the cost of land or rent for the hotel location but do include the $58,000 to $69,200 that must be paid to the franchisor or its affiliates for HomeTowne Studios by Red Roof, HomeTown Inn, HomeTowne Inn, and HomeTowne Studios & Suites by Red Roof and the $113,500 to $125,900 that must be paid to the franchisor and its affiliates for Dual Brand Hotels.


View the 2023 HomeTowne Studios by Red Roof FDD