How many Baymont Inn Suites outlets were transferred in 2024 in South Dakota?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| SD | 2022 | 0 |
| 2023 | 2 | |
| 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 transfer of a Baymont Inn Suites outlet in South Dakota during 2024. This information is based on the data reported in Item 20, which tracks the number of franchise transfers from existing franchisees to new owners.
For a prospective franchisee, this indicates the relative stability and desirability of existing Baymont Inn Suites locations. A low number of transfers could mean franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a higher number might suggest a more active market for buying and selling franchises within the Baymont Inn Suites system.
It is important to note that transfers do not necessarily reflect poorly on the franchise. Franchisees may transfer their locations for various personal or business reasons, such as retirement, relocation, or pursuing other opportunities. Investigating the reasons behind transfers in specific areas can provide valuable insights for potential investors.