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Updated RecentlyCobblestone Inn and Suites Franchise
Upper mid-scale hotels
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"
and $77,997 that must be paid to the franchisor or its affiliate(s).
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).
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How much does it cost to open a Cobblestone Inn and Suites Franchise?
The investment required to open a Cobblestone Inn and Suites Franchise is between $64,799-$8,738,497. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Cobblestone Inn and Suites name.
Individual Unit Costs
- Initial Investment:
$64,799-$8,738,497 - Initial Franchise Fee:
$35,000 - Royalty Fee:
$3/room/day - Advertising Fee:
.25/room/day - Term of Agreement:
20 years
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Cobblestone Hotel & Suites Ground Breaking In Knoxville
Knoxville Hotel Group is proud to announce that construction has begun on the 36 room Cobblestone Hotel & Suites in Knoxville, IA at 1212 Eric Drive. Ground breaking took place on April 24 and completion goal is August 2012.
"We are pleased and excited to have the newest hotel in Marion County c...
Cobblestone Inn and Suites News & Press Releases
When did Cobblestone Inn and Suites start Franchising? 2012
United States: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
International: Worldwide
Training
*5 days at Headquarters
*14 days at the Hotel location
*up to 14 days at each new Hotel location
90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel
Your income potential as a Cobblestone Inn and Suites Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Legal Disclaimer: This information is not a franchise offering for Cobblestone Inn and Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Cobblestone Inn and Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Cobblestone Inn and Suites
Cobblestone Hotels
980 American Drive
Neenah,
WI
54956