The Red Collection FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will own and operate a guest lodging facility under the Red Roof Inn®, Red Roof Inn & Suites®, Red Roof PLUS+® or Red Roof PLUS+ & Suites® brand. Red Roof Inn hotels offer high quality lodging to business and leisure guests at room rates associated with the economy lodging segment.
Corporate Information
Red Roof Franchising, LLC is a Delaware limited liability company formed in January 2007 with a principal business address of 7815 Walton Parkway, New Albany, Ohio 43054. They and their predecessors have offered Red Roof Inn franchises since August 1996. They have offered franchises under the Red Roof Inn and Red Roof Inn & Suites brands since September 2007 and under the Red Roof PLUS+ and Red Roof PLUS+ & Suites brands since January 2014.
Investment
The total investment necessary to begin operation of a newly built and a conversion 65-room Red Roof Inn, Red Roof Inn & Suites, Red Roof PLUS+ or Red Roof PLUS+ & Suites lodging facility are set forth in the table below:
Red Roof Inn and Red Roof Inn & Suites: Newly Built $5,933,500 – $7,288,723 Conversion $259,000 – $1,596,100
Red Roof PLUS+: Newly Built $6,007,500 – $7,372,100 Conversion $713,000 – $1,659,100
Red Roof PLUS+ & Suites; Newly Built $6,035,500 – $7,406,100 Conversion $775,000 – $1,695,600
Dual Brand Hotel (Red Roof Inn and HomeTowne Studios): Newly Built $11,745,925 – $14,619,155 Conversion $693,268 – $2,284,813
Dual Brand Hotel (Red Roof PLUS+ and HomeTowne Studios: Newly Built $11,764,925 – $14,643,155 Conversion Not applicable
These amounts do not include the cost of land or rent for the hotel location but do include the $53,000 to $61,800 that must be paid to the franchisor or its affiliates for Red Roof Inn, Red Roof Inn & Suites, Red Roof PLUS+, and Red Roof PLUS+ & Suites hotels and the $113,500 to $125,900 that must be paid to the franchisor and its affiliates for Dual Brand Hotels.