STUDIO 6

STUDIO 6

Studio 6 franchises all-suites motels offering limited services and amenities under two brands: Studio 6 Extended Stay for extended stays and Studio 6 Suites for transient lodging, competing in the low-cost segment of the lodging market. They target business and leisure travelers needing short-term, affordable housing alternatives. The franchisor provides the Studio 6 System, including proprietary marks, reservation systems, marketing programs, and operational standards via franchise agreements.

219
Locations
$97K–$9016K
Investment
Since 2005
Franchising
Hospitality & LodgingDallas, TXOYO Hotels Inc.www.staystudio6.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$96,577 $9,016,115
Low: $96,577High: $9,016,115
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$1,000 – $1,200
Item 6 of FDD

5% royalty + 3% program fee (marketing/brand fund) + $300/mo IT services + $3.90/room/mo PMS software + $40/mo guest survey (approx. $1,000/mo total fixed for 100-room motel incl. annuals prorated)

Financial Performance


Item 19 Financial Performance

Data Based On: 164 franchised Motels operating in the U.S. that were active and operating as franchised properties for at least two full years as of December 31, 2024.

* The document provides Average Occupancy Rate, Average Daily Rate, and Average RevPAR (Revenue Per Available Room). These are revenue metrics per available room, not 'average gross revenue per franchise unit' as required for the output fields. No information on total gross revenue per unit, net income, net profit, or EBITDA for a franchise unit is provided. Therefore, all specific financial value fields are set to null.

Extracted Item 19 Section

How STUDIO 6 Compares


Key Insights

  • One of the lowest investment costs in Extended Stay (ranked #1 of 9)
  • #1 largest franchise system in Extended Stay
  • Lower than average SBA loan default rate in Extended Stay
FranchiseInvestmentFeeRoyaltyLocations
STUDIO 6
Current
$97K – $9.0M$25K5.0%219
HAWTHORN SUITES HOTELS AND HAWTHORN SUITES$12.3M – $14.3M$40K5.5%71
HOMETOWNE STUDIOS BY RED ROOF$10.7M – $13.2M$30K5.5%45
Hyatt Studios$12.0M – $21.5M$50K5.0%45
GRANDSTAY RESIDENTIAL SUITES$125K – $24.2M$35K5.0%30
AFFORDABLE SUITES OF AMERICA$193K – $1.8M$35K5.0%18
Extended Stay Average
9 franchises
$7.6M – $14.7M$38K5.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 9 Extended Stay franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
19
2FL
10
3OK
7
4TX
5
5SC
5
6AZ
5
7AL
4
8GA
3
9NM
3
10LA
3
11IL
3
12WY
2
13CO
2
14IN
2
15KS
2

+22 more states

SBA Loan History


Historical SBA 7(a) loan data for STUDIO 6 franchisees (20132025)

Total Loans
51
Average Loan
$2,802,627
Total Volume
$142.9M
Default Rate
2.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


288 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

288 Contacts Available

Unlock all STUDIO 6 franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases2

Primarily termination disputes for nonpayment of fees, failure to cure defaults, and breach of contract claims by former franchisees.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
9
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
4
Sold to Franchisees
0
Projected New
41

Frequently Asked Questions


The total initial investment to open a STUDIO 6 franchise ranges from $96,577 to $9,016,115. This includes a franchise fee of $25,000. Ongoing royalty fees are 5.0% of gross sales.

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Also includes FDDs for

QUALITY INN
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DAYS INN, DAYS HOTEL AND DAYS INN & SUITES
DAYS INN, DAYS HOTEL AND DAYS INN & SUITES
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LA QUINTA INN & SUITES
RED ROOF PLUS AND SUITES
RED ROOF PLUS AND SUITES
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