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Updated RecentlyBoarders Inn and Suites by Cobblestone Hotels vs Reverb hotel by Hard Rock Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boarders Inn and Suites by Cobblestone Hotels vs Reverb hotel by Hard Rock 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 | $15,445,000 - $37,020,000 |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | $2/room/day | - |
| Advertising Fee | .25/room/day | - |
| Year Founded | 2008 | - |
| Year Franchised | 2012 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| 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 | - |
| Support | - | - |
| Marketing | - | - |
| Operations | 90% are owner/Operators. 10% are investors | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
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 Reverb hotel by Hard Rock
!["Reverb]("https://fddexchange.com/wp-content/uploads/2020/06/Reverb-by-Hard-Rock-300x79.png")
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.