Key Metrics
Min Investment
$195,500
Total Units
700
Total Operators
700
Royalty Fee
4.5% of Gross Room Revenue
Founded
1973
Financial Requirements
Liquid Capital Required
$100,000
Net Worth Required
$1,500,000
Franchise Fee
$30,000
Total Investment
$195,500 - $5,099,000
Recent News
"Red Roof has focused on growth and brand elevation in 2024-2025, opening its 700th property and unveiling a redesigned prototype at its 2024 Brand Conference. The company has also faced legal challenges, including a class-action settlement for a data breach and lawsuits alleging negligence related to human trafficking at some locations."
Operations & Support
Training Provided
- Initial Training: 2 weeks
- On-site Training Available
- Ongoing Support
Terms & Agreement
- Term Length: 10 Years (Renewable)
- Territory Protection: Available
- Absentee Ownership: Not Allowed
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Quick Facts
Headquarters7315 Walton Pkwy. Columbus, OH 43054, USA (Corporate Address) or New Albany, Ohio (Headquarters)
Operating RegionsUnited States, Japan, Brazil, Canada
Social Profiles
Franchising Since1973
FinancingThird-party
Veteran DiscountNo