Boarders Inn & Suites by Cobblestone

Boarders Inn & Suites by Cobblestone

Information based on 2024 FDD

Real Estate · Other Real Estate Businesses

Investment min
$5M
Total: $5M–$24M
Avg gross revenue
$36K
Unit-level, 2024
Franchise fee
$30K
Per current disclosure
Royalty
5%
of gross revenue
Locations
16
Franchising since 2013

Description

What is Boarders Inn & Suites by Cobblestone?

Boarders Inn & Suites by Cobblestone represents a unique opportunity in the hospitality industry, offering a distinctive blend of comfortable accommodations and personalized service since 2012. This midscale hotel franchise has established itself as a reliable choice for both business and leisure travelers, with a growing presence across select markets.

What sets Boarders Inn & Suites apart is their commitment to delivering a consistent, quality guest experience while maintaining the personal touch of independently owned and operated properties. Each location features well-appointed rooms, modern amenities, and a welcoming atmosphere that makes guests feel at home. The brand's approach combines the efficiency of a standardized hotel operation with the charm of boutique hospitality.

For franchise owners, Boarders Inn & Suites offers a proven business model backed by Cobblestone's extensive experience in the hospitality sector. The company provides comprehensive support including operational guidance, marketing assistance, and ongoing training to help franchisees succeed in the competitive hotel industry.

The franchise particularly appeals to entrepreneurs who are passionate about hospitality and community building. With their strategic expansion model, Boarders Inn & Suites carefully selects locations and franchisees to ensure sustainable growth and market success. The brand's focus on secondary and tertiary markets allows franchisees to capture underserved areas while maintaining strong profit potential.

As part of the Cobblestone family, franchisees benefit from established relationships with vendors, advanced property management systems, and a reservation network that drives business to their properties. This combination of support, systems, and brand recognition makes Boarders Inn & Suites an attractive option for those looking to enter the hotel industry.
  • Established 12-year operating history since 2012
  • 16 active hotel properties across multiple markets
  • Minimum $5.36 million investment demonstrates premium positioning
  • Part of specialized Other Real Estate Businesses franchise sector
  • Selective growth strategy with measured market expansion
  • Targets upper-midscale hotel real estate development segment

Location Analysis

Where Boarders Inn & Suites by Cobblestone wins

Boarders Inn & Suites by Cobblestone demonstrates a focused Midwest-centric expansion strategy, with locations across multiple states. The franchise shows strongest presence in Wisconsin and Michigan, with notable concentrations in Nebraska, Minnesota, and Iowa, suggesting a strategic focus on secondary and tertiary markets in the upper Midwest. The brand's strong customer ratings across numerous reviews indicates solid customer satisfaction and operational consistency.

The significant presence in Wisconsin and Michigan provides operational efficiencies and brand recognition benefits, while the broader Midwest presence offers proof of concept across diverse market types. The franchise appears to target smaller communities and highway-adjacent locations, as exemplified by the Wautoma, WI location, suggesting a focus on serving business travelers and regional tourists in underserved markets.

Expansion opportunities exist in neighboring states like Illinois, Indiana, and Ohio, where the brand's Midwest expertise could translate well. Ideal locations should target communities with stable business activity, proximity to highways or regional attractions, and limited competition from national hotel chains. The franchise's success in smaller markets suggests a viable niche strategy focusing on personalized service in areas overlooked by larger hotel brands.
Total US locations
16
Franchise units
16
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Boarders Inn & Suites by Cobblestone

Avg gross revenue$35,943
Investment range$5,359,999 – $23,981,999
Investment midpoint$14,670,999
Brand fund$0.75 / day
Royalty5%
Franchise fee$30,000
Min. net worth
Min. liquid capital
Boarders Inn & Suites by Cobblestone presents a significant investment opportunity with a minimum investment of $5.36 million, though the maximum investment range is unknown. This positions it substantially above the sub-sector average of $1.47-$2.31 million within the Other Real Estate Businesses category. The substantial capital requirement reflects the comprehensive nature of hotel real estate development, including property acquisition, construction, and operational setup.

With 16 active units since 2012, the system demonstrates measured growth over its 12-year operating history, suggesting selective market expansion and careful franchisee selection. This controlled development approach indicates thorough market analysis and system support.

The reported gross revenue of $35,943 falls significantly below the sub-sector average of $164,311, representing one of 36 franchises in this real estate category. Prospective investors should thoroughly review complete financial representations in the Franchise Disclosure Document.

Ideal investors possess substantial liquid capital exceeding $5.36 million, real estate development experience, and understanding of hospitality property management complexities. The franchise suits investors seeking long-term real estate asset appreciation combined with operational income streams, particularly those targeting the upper-midscale hotel market segment.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$5M–$24M
Most common
$5,359,999
Minimum
$14,670,999
Midpoint
$23,981,999
Maximum

Per FDD Item 7, total initial investment ranges from $5,359,999 to $23,981,999. The midpoint $14,670,999 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$50K$40K$30K$20K$10KN/A
$42K
$42K
$36K
2022
2023
2024
Avg
$40K
YOY change (2023 -> 2024)
-14%

According to Item 19 of the Franchise Disclosure Document, Boarders Inn & Suites by Cobblestone has an average gross revenue of $36K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

-6% YoY
201612840
2017
2018
2019
2020
2021
2022
2023
2024
16 units open as of 2024 FDD-1 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Boarders Inn & Suites by Cobblestone's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Boarders Inn & Suites by Cobblestone franchise typically ranges between $5,359,999.00 and $23,981,999.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Boarders Inn & Suites by Cobblestone
Boarders Inn & Suites by Cobblestone
$36K avg revenue · 16+ US franchises

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