In which year were there the most transfers of Baymont Inn Suites outlets in Florida?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| FL | 2022 | 4 |
| 2023 | 2 | |
| 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, the year with the most transfers of outlets in Florida was 2022. The FDD indicates that there were 4 transfers in Florida during 2022. In comparison, both 2023 and 2024 saw 2 transfers each.
This information is relevant for prospective franchisees as it provides insight into the stability and turnover of Baymont Inn Suites franchises within Florida. A higher number of transfers in a particular year could indicate various factors, such as franchisees selling their locations, changes in ownership, or market conditions affecting franchise operations.
It's important to note that transfer numbers alone don't tell the whole story. A prospective Baymont Inn Suites franchisee should investigate the reasons behind these transfers to understand the potential opportunities and challenges of operating a franchise in Florida. Further due diligence, including speaking with current and former franchisees, is advisable to gain a comprehensive understanding.