Econo Lodge vs Boarders Inn and Suites by Cobblestone Hotels Franchise Comparison

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

Start-Up Costs and Fees
 
Econo Lodge Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Investment $208,275 - $938,645$46,649 - $7,727,647
Franchise Fee $25,000$20,000
Royalty Fee 4.5%$2/room/day
Advertising Fee 3.5%.25/room/day
Year Founded -2008
Year Franchised -2012
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee --


Business Experience Requirements
 
Econo Lodge Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Experience --

Financing Options
 
Econo Lodge Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Econo Lodge Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
Training -

*5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location
Support --
Marketing --
Operations -90% are owner/Operators. 10% are investors

Expansion Plans
 
Econo Lodge Franchise
Boarders Inn and Suites by Cobblestone Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Econo Lodge

Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.

About Boarders Inn and Suites by Cobblestone Hotels

By choosing Boarders Inn and Suites by Cobblestone Hotels you take control of your branding! Boarders Inn and Suites by Cobblestone Hotels offers a Membership Brand that you can be proud to be a part of. When you are a part of a the Membership Team you decide what happens to the brand. No Capital Crushing Franchise Mandates, Closter phobic Long Franchise Commitments, Extremely High Initial Payments, or Bottom-Dollar Busting Franchise Fee for each reservation that you work hard to bring in. Boarders Inn and Suites by Cobblestone offers all that other brands have to offer without all the headache. Brand Support along with Sales and Marketing Support are things that we pride ourselves in.