The FDD lists a total initial investment of about $10,411,393–$12,910,291, including a $30,000 initial franchise fee.
How much do HomeTowne Studios franchise owners make?
2023 performance: 49 affiliate hotels avg. $39.55 RevPAR; 16 franchised avg. $34.52 RevPAR. 45-55% earned/exceeded avg. Limited franchise data; affiliate-weighted representation. We grade this disclosure C for honesty.
What is the HomeTowne Studios franchise failure rate?
10 terminations 2023; 3 ceased ops; 13 of 25 franchised outlets failed/ceased since 2021.
Is a HomeTowne Studios franchise worth it?
It depends on the numbers, not the pitch. HomeTowne Studios scores C on disclosure honesty, carries about 8.5% of sales in ongoing fees, and discloses 3 legal matters. Get the real owner take-home before you sign.
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Source: MN CARDS 31061-202404-08 (Clean FDD 2024). FranchiseValidate is independent and not affiliated with HomeTowne Studios or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.