Cobblestone Hotels
Franchise research report · reviewed 2026 disclosure data
Researching Cobblestone Hotels franchise opportunities? Every figure below is cited to the FDD.
Cobblestone Hotels franchises lodging properties under hotel brands including Cobblestone Hotel & Suites and Cobblestone Inn & Suites. Properties operate as hotels serving travelers, with franchisees able to develop new locations or convert existing properties.
Headline figures
Cobblestone Hotels quick facts
- How much does it cost to open a Cobblestone Hotels franchise?
- The Cobblestone Hotels Franchise Disclosure Document reports separate estimated initial investments by format: $101,999 for conversion only (conversion total estimated initial investment: $101,999–$2,382,999, excluding real estate cost) (2026 FDD, Item 7, PDF p. 24); $5,985,874 for new construction total estimated initial investment: $5,985,874–$15,522,699, excluding real estate cost (2026 FDD, Item 7, PDF p. 27). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Cobblestone Hotels initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $5,000 (2026 FDD, Item 5, PDF p. 13). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- Does Cobblestone Hotels disclose financial performance (Item 19)?
- Yes. The Cobblestone Hotels FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 57). Figures apply only to the locations and period each one covers. Details
- Is Cobblestone Hotels a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $101,999 (Conversion Total Estimated Initial Investment: $101,999–$2,382,999, excluding real estate cost); $5,985,874 (New Construction Total Estimated Initial Investment: $5,985,874–$15,522,699, excluding real estate cost); several initial fee options apply.
- 2Item 19 covers 5 separate groups: other measures for 54 Franchised Cobblestone Inn & Suites and Hotel & Suites locations; other measures for 54 Franchised Cobblestone Inn & Suites and Hotel & Suites locations; other measures for 55 Franchised Cobblestone Inn & Suites and Hotel & Suites locations; other measures for locations; other measures for Franchised Cobblestone Inn & Suites and Hotel & Suites locations. They are not combined.
From reviewed FDD figures only. Not a recommendation or projection.
Cobblestone Hotels head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Conversion Total Estimated Initial Investment: $101,999–$2,382,999, excluding real estate costPDF p. 24$101,999
- New Construction Total Estimated Initial Investment: $5,985,874–$15,522,699, excluding real estate costPDF p. 27$5,985,874
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 13
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
40 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
5 separate populations, shown apart. Revenue is not owner income.
54 locations
Other measures · 54 locations
- Who is counted
- Sample hotels45+rooms open24months endedDecember31 2025 withconsistentfinancialdata
- Excluded
- Costs ofsales, operatingexpenses, royalties/marketing, debtservice,equipmentleases,incometaxes excluded. Narrative55sample;2024roomcounttable54; sourcepercentages/countsretained.
- Method
- CRSshareofgrossroomsrevenue; ADRtotalroomrevenue/occupiedrooms. Annual2024/2025 columns separately.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($101,999 – $5,985,874) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 13
- [2]Item 19 — Locations counted not stated in the reviewed record — Sample hotels45+rooms open24months endedDecember31 2025 withconsistentfinancial… · PDF p. 57; PDF p. 56; PDF p. 58
- [3]Item 19 — Locations counted not stated in the reviewed record — Cobblestone Inn & Suites and Cobblestone Hotel & Suites Sample Hotels; CRS cont… · PDF p. 56
- [4]Item 19 — Locations counted not stated in the reviewed record — Sample hotels45+rooms open24months endedDecember31 2025 withconsistentfinancial… · PDF p. 56; PDF p. 57; PDF p. 58
- [5]Item 19 — Locations counted not stated in the reviewed record — SampleHotels · PDF p. 56
- [6]Item 19 — Locations counted not stated in the reviewed record — Sample hotels45+rooms open24months endedDecember31 2025 withconsistentfinancial… · PDF p. 56
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
151 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | accounts receivableMore than one value recorded for this year — open the FDD source before comparing | $283,520 |
| 2025 | reservation system revenue | $2,389,338 |
| 2025 | operating right-of-use asset, net | $23,042 |
| 2025 | loyalty program revenue | $1,526,044 |
| 2025 | distributions to members | -$3,379,429 |
| 2025 | certificate of deposit | $852,233 |
| 2025 | loyalty program liability, current portion | $130,757 |
| 2025 | loyalty program liability, net of current portion | $222,249 |
| 2025 | total liabilities and members' equity | $5,295,873 |
| 2025 | convention expense | $437,917 |
| 2025 | convention sponsorship revenue and fees | $315,607 |
| 2025 | marketing expense | $1,235,965 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.
Comfort Inn
Quality Inn
Residence Inn by Marriott
Red Roof Inn / Red Roof Plus
Red Roof Inn
SpringHill Suites By MarriottHead-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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