How many Baymont Inn Suites franchises were transferred in Texas during 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| TX | 2022 | 8 |
| 2023 | 1 | |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION1 (FDD pages 88–96)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, there was one franchise transferred in the state of Texas during 2023. The table provided in Item 20 of the FDD outlines the number of franchise transfers by state and year. This information is useful for potential franchisees to understand the stability and turnover of Baymont Inn Suites franchises in specific geographic areas.
Franchise transfers can occur for various reasons, such as the franchisee selling their business to a new owner, or the franchisor reacquiring the location. A low number of transfers may indicate franchisee satisfaction and business stability. Conversely, a high number of transfers could signal potential issues within the franchise system or specific market conditions.
Prospective Baymont Inn Suites franchisees should consider the transfer rates in their target states as part of their due diligence. It is also advisable to speak with current and former franchisees in those areas to gain a deeper understanding of the reasons behind any transfers and the overall health of the franchise network.