Boarders Inn and Suites by Cobblestone Hotels vs HomeTowne Studios Franchise Comparison

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

Start-Up Costs and Fees

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
HomeTowne Studios Franchise
Investment $46,649 - $7,727,647$345,500 - $1,238,500
Franchise Fee $20,000$30,000
Royalty Fee $2/room/day3%
Advertising Fee .25/room/day-
Year Founded 20082017
Year Franchised 20122017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
HomeTowne Studios Franchise
Experience --

Financing Options

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

Training & Support

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
HomeTowne Studios 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

 
Boarders Inn and Suites by Cobblestone Hotels Franchise
HomeTowne Studios Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesNo

Company Overviews

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.

About HomeTowne Studios

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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly

The total investment necessary to begin operation of a HomeTowne Studios by Red Roof or a Home Town Inn lodging franchise for a 65-room conversion hotel ranges from $345,500 to $1,238,500. These amounts do not include the costs of land, original construction or acquisition, or ground or building lease rent for the hotel location but do include the approximately $56,500 to $62,000 that must be paid to the franchisor or an affiliate.