The Motel 6 lodging franchise originated in Santa Barbara, California where the first one was opened up in 1965 by founders Paul Greene and William Becker. The name comes from the original nightly rate of six dollars. Former building contractors who worked predominantly in low-income housing projects, the two were able to apply their knowledge of economical building practices to build their budget motels. It was a pared-down, simplified option for travelers. Basic lodging, without the bells and whistles, for a very low price. There are more than 1,000 Motel 6 locations in the United States and Canada.
Start-up Cost:$2.43M - 3.18M