Cobblestone Inn and Suites vs Scottish Inns Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cobblestone Inn and Suites vs Scottish Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$64,799 - $8,738,497 | $133,600 - $2,602,000 |
Franchise Fee |
$35,000 | $6,000 - $16,000 |
Royalty Fee |
$3/room/day | 3% |
Advertising Fee |
.25/room/day | 2.5% |
Year Founded |
2008 | - |
Year Franchised |
2012 | - |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
*5 days at Headquarters
*14 days at the Hotel location
*up to 14 days at each new Hotel location | - |
Support |
- | - |
Marketing |
- | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations.
In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty.
Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
Operations |
90% are owner/Operators.
10% are investors
Approx. 7 Full Time employees are necessary for each Hotel | - |
Expansion Plans |
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 Scottish Inns
The Scottish Inns name has provided travelers with a clean and
consistent economy, limited service lodging option that they can
identify with and "A Good Night's Sleep" since 1967.
Since that beginning,
Scottish Inns and
Scottish Inns & Suites have
provided a great value in the franchise arena for owners who seek to
maximize the "bottom line" of their investments and enjoy the
opportunity of managing their own facilities and room rates.
As a franchisee of Hospitality International, Inc., you can expect no
costly surprises and fair, consistent treatment and respect from your
corporate franchise staff. You can also rely on personal and prompt
common sense service while benefiting from the support and discounts
available through our local, regional and national marketing campaigns.
With a Hospitality International franchise, you, the owner, can also get "A Good Night's Sleep".