Question 1

Does HomeTowne Studios by Red Roof franchise offer exclusive territory?

Accepted Answer

HomeTowne Studios by Red Roof offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the HomeTowne Studios by Red Roof franchise agreement term length?

Accepted Answer

The initial franchise agreement term for HomeTowne Studios by Red Roof is 20 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for HomeTowne Studios by Red Roof franchise?

Accepted Answer

The HomeTowne Studios by Red Roof franchise non-compete clause extends for 0 years within a 0-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a HomeTowne Studios by Red Roof franchise?

Accepted Answer

Yes, HomeTowne Studios by Red Roof allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.