Cobblestone Inn & Suites is a hotel chain offering comfortable accommodations for both business and leisure travelers. The franchise provides essential amenities, including free breakfast, Wi-Fi, and fitness centers, in a welcoming environment.
Key Insights
- Cobblestone Inn & Suites was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Service standards emphasize personalized attention and genuine hospitality while maintaining operational efficiency in check-in procedures, guest services, and facility management, creating welcoming environments that make visitors feel valued and comfortable throughout their stay.
- Market education efforts help consumers understand the value of professional versus amateur service providers, creating opportunities for qualified businesses to demonstrate expertise and build customer relationships through superior service quality and reliable performance.
Franchise Fee and Costs to Open
Exploring the financial picture of Cobblestone Inn & Suites gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $5,960,874 - $15,496,699, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Training and Resources
Cobblestone Inn & Suites provides comprehensive training for new franchisees. This program offers a robust foundation in hotel operations. The initial training is two weeks long and is conducted at Cobblestone's corporate headquarters. Resources are also provided to assist with operational setup.
Legal Considerations
Legal considerations for a Cobblestone Inn & Suites franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Running a Cobblestone Inn & Suites franchise involves navigating a competitive local market, where multiple lodging options exist. The operational complexity of managing guest services, staff, and property maintenance requires consistent attention. Additionally, a franchisee might encounter challenges related to the reliance on specific supply chains for amenities and operational necessities, impacting availability and cost.
Franchise Datasheet
FAQs
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