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Studio 6
4001 International Pkwy.
Carrollton, TX 75007
800#: (888) 842-2942
Tel: (972) 360-2547
Fax: (972) 360-5567
E-Mail: [email protected]
Web Site: www.staystudio6.com
Contact: Ms. Cynthia Gartman, Sr. Dir., Franchise Admin.
With 4,000 hotels worldwide, Accor is the industry leader. Of Accor's 1,200+ N. American properties, today 280 are franchised. An integral part of our strategy will include franchise relationships with a diverse mix of entrepreneurs that share the Accor spirit of quality, fairness and respect. We received the AAFD Fair Franchising Seal of Approval. STUDIO 6 has a quality product, proven operational results and is easy to operate. Many open markets are available. STUDIO 6 is a well-established brand.
Franchisor Background
Established: 1962
First Franchise: 1999
Franchise Units: 6
Company-Owned Units: 35
Total Units: 41
Distribution:
U.S. -- 41;
Canada -- 0;
International -- 0
-North America -- Operations in 11 States
-States/Provinces with Greatest Density: 17 in TX, 4 in GA
Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 4, 4, 1, 1, 1, 3
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2-4 FT, 4-10 PT (FT = Full Time, PT = Part Time)
Space Needs: 2.5 Acres Min SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100-500K
Total Investment: $2.7-3.4MM
Average Total Investment: $3,050.0K
Minimum Net Worth: $1.5MM
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 15/20/10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No/No
Size Of Corporate Staff: 550
On-Going Support: A,b,C,d,e,h,I (Click here for an explanation)
Training: 2 Days in Dallas, TX for Owner's Orientation; 2 Weeks in Dallas, TX for Managers' Orientation.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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