Start-Up Costs and Fees |
||
| stayAPT Suites | Motel 6 | |
| Investment | 4148500 - 7616000 | 206850 - 8823850 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 3.50% | |
| Year Founded | 2018 | 1962 |
| Year Franchised | 2018 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | Motel 6 | |
| Experience | General business experience | |
Financing Options |
||
| stayAPT Suites | Motel 6 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| stayAPT Suites | Motel 6 | |
| Training | On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| stayAPT Suites | Motel 6 | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| stayAPT Suites | |
| Motel 6 | |
| Franchise Fee | |
| stayAPT Suites | |
| Motel 6 | |
| Royalty Fee | |
| stayAPT Suites | |
| Motel 6 | 5% |
| Advertising Fee | |
| stayAPT Suites | |
| Motel 6 | 3.50% |
| Year Founded | |
| stayAPT Suites | 2018 |
| Motel 6 | 1962 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| Motel 6 | 1996 |
| Term Of Agreement | |
| stayAPT Suites | |
| Motel 6 | 10-15 years |
| Renewal Fee | |
| stayAPT Suites | |
| Motel 6 | 50% of current franchisee fee |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| Motel 6 | General business experience |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| Motel 6 | |
| Start-up Costs | |
| stayAPT Suites | |
| Motel 6 | |
| Equipment | |
| stayAPT Suites} | |
| Motel 6 | |
| Inventory | |
| stayAPT Suites | |
| Motel 6 | |
| Receivables | |
| stayAPT Suites | |
| Motel 6 | |
| Payroll | |
| stayAPT Suites | |
| Motel 6 | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| Motel 6 | On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | |
| stayAPT Suites | |
| Motel 6 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| stayAPT Suites | |
| Motel 6 | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| stayAPT Suites | |
| Motel 6 | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| stayAPT Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Motel 6 | |
| Canada Expansion | |
| stayAPT Suites | |
| Motel 6 | |
| International Expansion | |
| stayAPT Suites | |
| Motel 6 | Canada, |