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Baymont Inn & Suites

Hotels

Background

Founded: 1974 Franchising since: 1987
Founded in 1973, Baymont Inns & Suites provides lodging to business and leisure travelers across the United States. Each location features in-room desks, pay-per-view movies and video games, free breakfast, and nonsmoking and handicapped-accessible rooms. Baymont Inns & Suites also offer conference rooms, fax service and computer data ports.
22 Sylvan Wy.
Parsippany, New jersey 07054
Phone:
(800)758-8999


Franchisor is a publicly-held company with 17 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 233 1 0 0
2008 210 0 0 0
2007 169 0 0 0
2006 129 0 0 0
2005 117 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Area of protection in each agreement

Costs and Fees

Total investment: $393.6K-5.5M
Franchise fee: $26K-27K
Ongoing royalty fee: 5%
Term of agreement: 20 years


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs Yes Yes
Equipment Yes Yes
Inventory Yes Yes
Accounts Receivable Yes Yes
Payroll Yes Yes

Qualifications
Business Experience:
  • General business experience

Operations
  • 7% of all franchisees own more than one unit
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2 days
  • Regional workshops, 1-3 days; customized property training, varies with fees

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#121 (2009); #149 (2008); #184 (2007);

Fastest-Growing Franchises:
#76 (2009); #103 (2008);


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