Buying a Baymont franchise: SBA acquisition loan data

What this tells a buyer

• Price range to expect. Loan size tracks purchase price. Half of Baymont resale loans landed between $1,865,000 and $3,331,000.
• Lender experience exists. GBank alone has financed 24 Baymont resales.
• Guaranty. The SBA guaranteed 77% of the dollars lent here.
• What the file leaves out. The SBA file does not record franchisor transfer terms or fees.

How Baymont compares

The median for Baymont resale loans is $2,550,000, in line with the $2,621,250 median for hotels and motels and well above the $645,250 median for all SBA-financed acquisitions nationally.

The middle half runs $1,865,000 to $3,331,000, against $283,000 to $1,465,000 nationally; the median term is 25 years, longer than the national median of 10 years; the average initial rate is 6.99%, below the 7.76% national average.

Seasoned loans were charged off at 2.8%, well above the 0.8% rate for hotels and motels and below the 3.5% rate for all acquisition loans.

Loan size distribution

Most Baymont resale loans (99%) were $1M or more, and the largest single band is $2M and over at 70%, against 17% of all acquisition loans.

Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.

Lender concentration

GBank made 35% of Baymont resale loans, and the top three lenders together made 49%. 4 of the 31 lenders involved made three or more. Repeat experience is spread across many banks. That is a rough guide to how many banks have seen this kind of deal before.

Recent activity

In FY2025 and FY2026 combined, 14 Baymont resale loans were approved. That is 40% more than the 10 approved in FY2023 and FY2024. The median was $2,172,500, slightly below the $2,550,000 median across all years.

Financing a Baymont resale: what lenders financed

The median SBA 7(a) loan for a Baymont resale was $2,550,000 across 69 loans (FY2018 to FY2026). GBank, First Western SBLC, LLC d/b/a Peachtree Group and Celtic Bank Corporation have financed the most Baymont resales. Of 36 seasoned loans (FY2018 to FY2021), 2.8% were charged off, 21% lower than the 3.5% average for all SBA acquisition loans.

Baymont acquisition loans by year

How often do these acquisition loans fail?

Of the 36 Baymont acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 2.8% by loan count and 1.6% by dollars. 22 have already been paid in full.

For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Baymont is 21% lower than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.

"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.

Related

• All Hotels (except Casino Hotels) and Motels acquisitions
• Georgia acquisitions
• South Carolina acquisitions
• Indiana acquisitions
• GBank
• First Western SBLC, LLC d/b/a Peachtree Group
• Celtic Bank Corporation
• All franchise brands

Brand name as recorded by lenders in the SBA file: "Baymont by Wyndham / Baymont Inn & Suites" (franchise code S0197). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.