How many Baymont Inn Suites outlets were transferred in Iowa during 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| IA | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 0 |
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 location in Iowa during 2023. This information is based on data the franchisor collected regarding franchise transfers.
Franchise transfers occur when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. Monitoring the number of transfers can provide insight into the stability and desirability of Baymont Inn Suites franchises within a specific region. A higher number of transfers might indicate a more active market for franchise resales, while a lower number could suggest franchisees are holding onto their locations.
For a prospective franchisee, understanding transfer activity is crucial. It can influence your decision to invest in a particular area and helps you assess the potential resale value of a Baymont Inn Suites franchise. It is important to discuss with the franchisor the reasons behind any transfers and the process involved in transferring a franchise to ensure a smooth transition if you decide to sell in the future.