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Below is an in-depth analysis and side-by-side comparison of Boarders Inn and Suites by Cobblestone Hotels vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $46,649 - $7,727,647 | $74,000 - $116,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | $2/room/day | 7% |
Advertising Fee | .25/room/day | 2% |
Year Founded | 2008 | - |
Year Franchised | 2012 | - |
Term Of Agreement | 10 years | 10 Years |
Term Of Agreement | 10 years | 10 Years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | Yes/- |
Inventory | -/- | Yes/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *5 days at corporate headquarters. *14 days at Hotel location *up to 14 days at each additional Hotel location | raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising |
Support | - | - |
Marketing | - | - |
Operations | 90% are owner/Operators. 10% are investors | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.