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Studio 6

Studio 6 extended stay hotels is a leader in economy extended stay lodging and short term housing. With growing locations nationwide and in Canada, Studio 6 hotels offer accommodations in major commercial destinations that are perfect for travelers in need of temporary housing. Studio 6 features comfortable sleeping areas, fully furnished kitchens, and the amenities guests need to make their time comfortable during their transitional housing stay. At Studio 6 extended stay hotels they will do everything they can to provide for an enjoyable and comfortable temporary housing stay, they want guests to feel at home and a part of the family.

Facts & figures
Liquid capital required
$100,000
Net worth required
$1,500,000
Investment
$2,700,000 - $3,200,000
Franchise fee
$25,000
Units in operation
41

You'll need $100,000 in liquid capital to open a Studio 6. New Studio 6 franchisees need to have at least a $1,500,000 net worth. The lowest you can expect to invest is $2,700,000 if you want to become a franchisee. The high end of the total investment required to open a franchise is $3,200,000. $25,000 is the franchise fee new franchisees pay the franchisor. In total, there are 41 units of this franchise open today.

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