What was the amount of bad debt write-offs for Baymont Inn Suites as of December 31, 2022?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
23 | 20.7 | $ 1,361 $ | 65.69 | | For the twelve months ended December 31, 2024 | 4.1 | 308 | 75.63 | | As of December 31, 2024 | 24.8 | $ 1,669 $ | 67.32 |
The Company had $538 million of remaining availability under its program as of December 31, 2024.
5. ACCOUNTS RECEIVABLE
Allowance for Doubtful Accounts
The Company generates trade receivables i
Source: Item 23 — RECEIPTS (FDD pages 97–443)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the bad debt write-offs as of December 31, 2022, were ($15). This figure reflects the amount of uncollectible debt that Baymont Inn Suites wrote off during that year.
For a prospective franchisee, understanding bad debt write-offs can provide insight into the financial health and stability of Baymont Inn Suites. A higher write-off amount could indicate potential issues with franchisees meeting their financial obligations, while a lower amount might suggest better financial management and franchisee performance.
It's important to note that this figure is just one aspect of the overall financial picture. A prospective franchisee should review the complete financial statements and consult with a financial advisor to gain a comprehensive understanding of the financial risks and opportunities associated with investing in a Baymont Inn Suites franchise.