Boarders Inn and Suites by Cobblestone Hotels vs stayAPT Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boarders Inn and Suites by Cobblestone Hotels vs stayAPT Suites 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
stayAPT Suites Franchise
Investment $46,649 - $7,727,647$4,148,500 - $7,616,000
Franchise Fee $20,000N/A
Royalty Fee $2/room/day-
Advertising Fee .25/room/day-
Year Founded 20082018
Year Franchised 20122018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
stayAPT Suites Franchise
Experience --

Financing Options
 
Boarders Inn and Suites by Cobblestone Hotels Franchise
stayAPT Suites 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
stayAPT Suites 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
stayAPT Suites Franchise
US Expansion YesYes
Canada Expansion --
International Expansion 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 stayAPT Suites

"stayAPT
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees both the right to develop multiple Hotels under an Area Development Agreement (each Hotel requiring a separate Franchise Agreement) and individual Hotels under a Franchise Agreement.

The total investment necessary to begin operation of a stayAPT Suites™ Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is $6,052,500 to $7,616,000, excluding real estate costs. This includes $51,000 that must be paid to the franchisor or an affiliate. If you sign an Area Development Agreement, you must pay $30,000 for each Hotel you plan to develop, all of which is due at signing. The initial fee paid under the Area Development Agreement is in lieu of the initial franchise fee normally due for a Hotel when the Franchise Agreement for that Hotel is executed.