Vagabond Inns vs Cobblestone Inn and Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Vagabond Inns vs Cobblestone Inn and Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Vagabond Inns Franchise
Cobblestone Inn and Suites Franchise
Investment $2,800,000 - $5,800,000$64,799 - $8,738,497
Franchise Fee $20,000$35,000
Royalty Fee 2.5%$3/room/day
Advertising Fee -.25/room/day
Year Founded 19582008
Year Franchised 20002012
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements
 
Vagabond Inns Franchise
Cobblestone Inn and Suites Franchise
Experience --

Financing Options
 
Vagabond Inns Franchise
Cobblestone Inn and Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Vagabond Inns Franchise
Cobblestone Inn and Suites Franchise
Training -

*5 days at Headquarters *14 days at the Hotel location *up to 14 days at each new Hotel location
Support --
Marketing --
Operations -90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel

Expansion Plans
 
Vagabond Inns Franchise
Cobblestone Inn and Suites Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Vagabond Inns

Golden Opportunity in the Golden State

We welcome the opportunity to discuss with you the advantages of becoming part of Vagabond Inn.
Vagabond Inn offers 50 years of brand identity as well as industry leading technology that allows you to maximize your revenue.
Based in Los Angeles, California, Vagabond Inn Corporation operates and provides franchise services to more than 40 hotels throughout the U.S. West Coast.
Vagabond Inn is also an approved member of the Franchise Registry which provides improved financing for future and existing Vagabond Inn franchises.

About Cobblestone Inn and Suites

Cobblestone Inn and Suites are unique properties that offer superb curb appeal which gives our arriving guests a wonderful sense of arrival. These properties feature state of the art technology that allows for exceptional operation and marketing functionality. All guest rooms are enhanced with telecommunications and advanced business-oriented amenities such as high speed wireless internet access in all of the guest rooms and public spaces. Since our guest mix includes equal parts of leisure guests and business travelers, Cobblestone Inn and Suites helps our properties stay balanced seven days a week. Cobblestone is filling the lodging needs of many smaller communities by introducing our upper mid-scale all new build brands. This cohesive approach of community and entrepreneurship provides the catalyst for success for all shareholders. Cobblestone Inn and Suites' is "Paving the Future of Hotel Ownership"

The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $3,492,499 and $8,738,497 for a newly constructed hotel. This includes between $52,999 and $77,997 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Cobblestone Inn and Suites franchised business is between $64,799 and $1,658,797 for the conversion of an existing hotel. This includes between $52,999 and $77,997 that must be paid to the franchisor or its affiliate(s).