Baymont Inn & Suites
HotelsBackground
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.
Franchisor is a publicly-held company with 17 employee(s)
Franchise Growth
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
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
Ongoing Support
Marketing Support
- 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);
#121 (2009); #149 (2008); #184 (2007);
Fastest-Growing Franchises:
#76 (2009); #103 (2008);