Boarders Inn and Suites by Cobblestone Hotels Franchise
Inn and Suites
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a Boarders Inn and Suites by Cobblestone Hotels Franchise ?
The investment required to open a Boarders Inn and Suites by Cobblestone Hotels Franchise is between $46,649 - $7,727,647 . There is an initial franchise fee of $20,000 which grants you the license to run a business under the Boarders Inn and Suites by Cobblestone Hotels name.
Individual Franchise Costs
- Initial Investment:
$46,649 - - Initial Franchise Fee:
$20,000 - Royalty Fee:
$2/room/day - Advertising Fee:
.25/room/day - Term of Agreement:
10 years
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Training
*5 days at corporate headquarters.
*14 days at Hotel location
*up to 14 days at each additional Hotel location
Boarders Inn and Suites by Cobblestone Hotels Growth History
When did the first Boarders Inn and Suites by Cobblestone Hotels open? 2008When did Boarders Inn and Suites by Cobblestone Hotels start Franchising ? 2012
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2016 | 15 | 0 | 0 | 1 |
| 2015 | 15 | 0 | 0 | 1 |
| 2014 | 14 | 0 | 0 | 1 |
| 2013 | 6 | 0 | 0 | 1 |
| 2012 | 4 | 0 | 0 | 1 |
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How much money you could make as a Boarders Inn and Suites by Cobblestone Hotels Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Boarders Inn and Suites by Cobblestone Hotels Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Sister Companies
Legal Disclaimer: This information is not a franchise offering for Boarders Inn and Suites by Cobblestone Hotels and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Boarders Inn and Suites by Cobblestone Hotels franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.