Studio 6 Franchise
Studio 6 offers affordable, all-suites lodging for extended stays, catering to business and leisure travelers seeking low-cost, temporary housing solutions.
$100,000
$25,000
273
2005
Dallas,TX
Gautam Swaroop
About Studio 6
Studio 6 is part of G6 Hospitality, providing extended-stay accommodations with a focus on delivering more amenities for guests planning longer stays. It serves a diverse clientele, including travelers on long-term projects and families needing temporary housing.
Studio 6 specializes in extended-stay lodging, with an emphasis on providing a comfortable and convenient stay for guests who plan to remain for several nights or weeks. This brand caters to a wide variety of travelers, including professionals such as nurses and construction workers, as well as families in transition seeking temporary housing solutions. The facilities offer more amenities than typical economy accommodations, ensuring a satisfying and accommodating guest experience. As part of G6 Hospitality, Studio 6 benefits from a legacy of providing affordable, welcoming lodging solutions, bolstered by a commitment to customer satisfaction and comfort.
Franchise Unit Trends & Revenue
273
44
$1,501,245
* in 2024
Franchise Fees
$25,000
5.0%
Gross Room Revenues
3.0%
Gross Room Revenues
Why Choose Studio 6?
Prospective franchisees are drawn to Studio 6 for its esteemed brand recognition and dedicated backing from G6 Hospitality. This brand presents a proven business model characterized by low operational costs and promising returns, making it an appealing investment choice. With a focus on extended-stay solutions, Studio 6 allows franchisees to engage with a burgeoning market of travelers seeking longer lodging accommodations. Furthermore, the brand's dedication to ensuring a warm and comfortable experience for guests fosters high levels of satisfaction and repeat patronage, solidifying a stable customer base.
Starting Costs & Investment Requirements
$197,107 - $9,217,088
-
$100,000
Training & Support
- Franchisees and their staff benefit from comprehensive training programs.
- Ongoing operational support from the experienced team at G6 Hospitality.
- Access to robust marketing and advertising resources to boost franchise visibility.
- Regular updates and communications to keep franchisees abreast of industry trends and best practices.
- Expert assistance with site selection and property development to ensure prime location and optimal design.
History
Studio 6 belongs to the G6 Hospitality lineage, which has been a pioneer in the economy lodging arena since 1962. The brand emerged to address the rising demand for extended-stay accommodations, providing enhanced amenities for those planning longer visits. Throughout the years, Studio 6 has expanded its footprint across the United States and Canada, establishing itself as a respected choice in the extended-stay lodging sector. Its unwavering commitment to delivering affordable and comfortable accommodations has endeared it to a wide range of travelers and franchisees, becoming synonymous with quality extended-stay lodging.
Ideal Candidate
An ideal Studio 6 franchise candidate exhibits a passion for hospitality and a keen sense of customer service excellence. Possessing strong business acumen and managerial capabilities to run an extended-stay lodging facility effectively is crucial. While experience in the hospitality industry is advantageous, it is not mandatory due to G6 Hospitality's comprehensive training and support infrastructure. Financial capability to invest in and sustain a Studio 6 property is also necessary for prospective franchisees.
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