Cobblestone Inn and Suites vs AFM Hospitality Corporation Franchise Comparison

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

Start-Up Costs and Fees
 
Cobblestone Inn and Suites Franchise
AFM Hospitality Corporation Franchise
Investment $64,799 - $8,738,497$2,000,000 - $20,000,000
Franchise Fee $35,000$35,000
Royalty Fee $3/room/day3%
Advertising Fee .25/room/day4%
Year Founded 20081991
Year Franchised 20121992
Term Of Agreement 20 years5/5/5/5 Years
Term Of Agreement 20 years5/5/5/5 Years
Renewal Fee --


Business Experience Requirements
 
Cobblestone Inn and Suites Franchise
AFM Hospitality Corporation Franchise
Experience --

Financing Options
 
Cobblestone Inn and Suites Franchise
AFM Hospitality Corporation Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Cobblestone Inn and Suites Franchise
AFM Hospitality Corporation Franchise
Training

*5 days at Headquarters *14 days at the Hotel location *up to 14 days at each new Hotel location

On-Site 3-5 Days
Support -Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

Marketing --
Operations 90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel-

Expansion Plans
 
Cobblestone Inn and Suites Franchise
AFM Hospitality Corporation Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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).



About AFM Hospitality Corporation

AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.