Does Baymont Inn Suites require a market or feasibility study?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
tainment costs, including airfare and car rental.
- 5 We do not require a market or feasibility study. We strongly suggest that you obtain one from a reputable consultant to confirm your decision to construct a Chain Facility and to provide potential financing sources with independent information on prospects for the Facility. We reserve the right to obtain, or to require you to obtain at your expense, as a condition for receiving our approval of the site, a positive market feasibility study prepared by a nationally prominent independent accounting or consulting firm we approve.
- 6 Land costs vary materially.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 45–53)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, a market or feasibility study is not required to open a franchise. However, Baymont Inn Suites strongly suggests that prospective franchisees obtain a market or feasibility study from a reputable consultant. This is to confirm the decision to construct a Chain Facility and to provide potential financing sources with independent information on prospects for the Facility.
Baymont Inn Suites retains the right to obtain a market feasibility study or require the franchisee to obtain one at their expense. This is a condition for receiving Baymont Inn Suites's approval of the site. The study must be prepared by a nationally prominent independent accounting or consulting firm approved by Baymont Inn Suites.
The estimated initial investment for a market study ranges from $5,000 to $12,000, payable in a lump sum before construction to a feasibility consultant.