Cobblestone Hotels
Hotels- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$45K - $7.4M
- Units as of 2016
-
69 146.4% over 3 years
Company Overview
About Cobblestone Hotels
Industry | Lodging |
---|---|
Related Categories | Hotels & Motels |
Founded | 2007 |
Leadership | Brian Wogernese, CEO |
Corporate Address | 980 American Dr. Neenah, WI 54915 |
Social | Facebook,Twitter |
Business Overview
Franchising Since | 2013(10 years) |
---|---|
# of employees at HQ | 50 |
# of Units | 69(as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cobblestone Hotels franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$20,000 - $35,000 |
---|---|
Initial Investment |
$44,899 - $7,363,000 |
Veteran Incentives |
10% off franchise fee |
Royalty Fee |
$3/room/day |
Ad Royalty Fee |
$0.25/room/day |
Is franchise term renewable? | No |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Cobblestone Hotels has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 14 days |
---|---|
Classroom Training | 5 days |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
独家领土可用吗? |
No |
Interested in ownership opportunities like Cobblestone Hotels? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Cobblestone Hotels landed on this year's Franchise 500 Ranking versus previous years.
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