Rodeway Inn is a budget-friendly hotel brand offering basic accommodations for travelers seeking affordable lodging. The franchise focuses on simplicity, essential amenities, and convenient locations.
Key Insights
- Rodeway Inn originated with a vision to provide simple, dependable lodging, evolving over time to offer accessible accommodations. Its operational model focuses on straightforward processes for guests and owners, emphasizing a no-frills, value-driven experience. The brand has established a presence across numerous locations.
- The franchise operates within the economy lodging sector, a segment of the hospitality industry characterized by demand for budget-friendly stays. This market caters to travelers seeking essential comforts and convenience at a competitive price point. Rodeway Inn’s offerings align with these consumer preferences.
- The business is part of a larger hospitality group, benefiting from established brand recognition and operational frameworks. This affiliation supports its network of properties, contributing to a consistent guest experience and providing resources for franchisees. The aim is to offer reliable hospitality solutions.
Franchise Fee and Costs to Open
Exploring the financial picture of Rodeway Inn gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $131,545 - $692,145, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Training and Resources
Rodeway Inn provides comprehensive training. Initial training typically lasts for two weeks and is conducted at a designated Rodeway Inn corporate location. The franchisor offers a detailed operations manual. Resources include ongoing support and access to marketing materials. Rodeway Inn recommends utilizing these resources for a smooth launch.
Legal Considerations
Legal considerations for a Rodeway Inn franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A Rodeway Inn franchisee may encounter considerations regarding intense local market competition, demanding consistent guest satisfaction and price point management. The operational complexity of staffing, maintenance, and upholding brand standards requires attention. Furthermore, reliance on specific supply chains for amenities and services presents potential for disruption and cost fluctuations.
Franchise Datasheet
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