What were the initial franchise fees for Baymont Inn Suites in 2024?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance as of December 31, 2024 | |
|---|---|
| Hotel Franchising | $ 1,441 |
Source: Item 23 — RECEIPTS (FDD pages 97–443)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the company's consolidated statements of income include initial franchise fees of $22 million in 2024. This aggregate number reflects the total initial franchise fees collected across all franchise agreements for the year, not the initial franchise fee paid by a single franchisee. This revenue contributes to the overall financial performance of Baymont Inn Suites.
For a prospective franchisee, this indicates the scale of initial investment being made across the Baymont Inn Suites system. However, it does not specify the initial franchise fee that a new franchisee would personally pay. The initial franchise fee is typically a one-time payment due upon signing the franchise agreement and grants the franchisee the right to operate under the Baymont Inn Suites brand and system.
To determine the specific initial franchise fee required for a Baymont Inn Suites franchise, a prospective franchisee should refer to Item 5 of the 2025 Franchise Disclosure Document, which outlines the fees and payments required to start a franchise. It would be beneficial to contact the franchisor directly to confirm the current initial franchise fee and any potential financing options or incentives that may be available.