How many Baymont Inn Suites outlets were transferred in Michigan during 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| MI | 2022 | 2 |
| 2023 | 3 | |
| 2024 | 2 |
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 were 3 transfers of Baymont Inn Suites outlets in Michigan during 2023. This means that existing franchise locations in Michigan changed ownership three times during that year.
For a prospective franchisee, this information is relevant for a few reasons. A high number of transfers could indicate instability or dissatisfaction among current franchisees in that state. However, transfers can also simply reflect normal business transitions such as retirement or franchisees pursuing other opportunities. It would be prudent to investigate the reasons behind these transfers to assess any potential risks or opportunities in the Michigan market.
Understanding the context behind these transfers is crucial. Speaking with the franchisor about the reasons for the transfers and the performance of the transferred locations could provide valuable insights. Additionally, connecting with current and former franchisees in Michigan could offer a deeper understanding of the local market dynamics and the support provided by Baymont Inn Suites.