Where is the 'Initial Fee' amount stated in the Baymont Inn Suites agreement?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Initial Fee means the fee you are to pay for signing this Agreement, as stated in Section 6, if the Agreement is for a new construction or conversion franchise.
Source: Item 22 — CONTRACTS (FDD pages 96–97)
What This Means (2025 FDD)
According to the 2025 Baymont Inn Suites Franchise Disclosure Document, the definition of 'Initial Fee' refers to Section 6 of the franchise agreement. Specifically, the 'Initial Fee' is the fee paid for signing the agreement if the agreement pertains to a new construction or conversion franchise.
This means that prospective Baymont Inn Suites franchisees looking to build a new location or convert an existing property to a Baymont Inn Suites must pay an initial fee. The exact amount of this fee is not specified in this particular section but is located in Section 6 of the franchise agreement, as indicated.
Franchisees should consult Section 6 of the franchise agreement to determine the specific amount of the initial fee required for their specific situation, as it applies to new construction or conversion franchises.