Studio 6 Suites provides extended-stay hotel accommodations with fully equipped kitchens and modern amenities. The franchise caters to travelers seeking affordable, comfortable long-term lodging.
Key Insights
- Studio 6 Suites began as a direct response to inefficiencies and limitations that existed in conventional service approaches, with founders committed to establishing superior alternatives that prioritize customer experience, operational excellence, and sustainable business growth through systematic improvement.
- Local partnership development provides guests with authentic experiences and knowledgeable recommendations for area attractions, dining, and activities, enhancing the overall visit while supporting community businesses and creating connections that enrich the travel experience.
- Market consolidation trends benefit established brands with proven systems and operational expertise, creating opportunities for growth and expansion while rewarding businesses that have demonstrated consistent quality and customer satisfaction over time.
Franchise Fee and Costs to Open
Exploring the financial picture of Studio 6 Suites 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 $6,594,181 - $8,667,995, along with a franchise fee of $41,300 - $41,300.
Financial Performance and Revenue
Training and Resources
Studio 6 Suites provides comprehensive initial training for new franchisees. This program offers a robust curriculum designed to equip individuals with the knowledge for operating a Studio 6 Suites location. The training typically lasts for two weeks and takes place at Studio 6 Suites' dedicated training facility. Additionally, ongoing resources and support are readily available.
Legal Considerations
Legal considerations for a Studio 6 Suites 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
Operating a Studio 6 Suites franchise involves navigating local market competition from established brands and independent operators. Maintaining consistent service quality and managing diverse guest expectations presents operational complexity. Reliance on specific suppliers for linens, cleaning supplies, and maintenance parts can impact inventory and operational flow.
Franchise Datasheet
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