What criteria must a transferee meet to be approved as a new Americas Best Value Inn franchisee?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
you and us, our affiliates, or any supplier or vendor;
(C) you have executed a general release of all claims against us, our affiliates, and our and their respective officers, directors, owners, representatives, agents and employees;
(D) you provide us all information or documents we request about the proposed transfer, the transferee, and its owners;
(E) the transferee enters an assumption agreement, in form and substance satisfactory to us, under which it assumes all of your obligations under this Agreement; or, if we require, the transferee enters the form of franchise agreement we then offer to new Brand Franchisees (for a term at least equal to the then remaining Term of this Agreement) and such other ancillary agreements as we may require;
(F) the transferee or you pay us a transfer fee equal to the Initial Fee as set forth in Section 4.(a);
(G) the transferee has satisfactorily completed our application procedures and meets our criteria for new Brand Franchisees in effect at that time;
(H) the transferee has or you have completed all maintenance, refurbishing, renovating, and upgrading of the Hotel required to conform the Hotel to the Brand Standards then in effect (or the transferee has agreed to a PIP with a time-frame for completion acceptable to us);
(I) if the Premises is leased, the landlord allows you to transfer the lease or sublease the Premises to the transferee;
Source: Item 23 — RECEIPTS (FDD pages 71–223)
What This Means (2025 FDD)
According to the 2025 Americas Best Value Inn FDD, a transferee seeking approval as a new franchisee must meet several conditions. The transferee must complete the application procedures that Americas Best Value Inn has in place at the time of the transfer. The transferee must also satisfy the brand's criteria for new franchisees.
Additionally, the transferee or the current franchisee must complete all necessary maintenance, refurbishing, renovations, and upgrades to ensure the hotel conforms to the brand standards currently in effect. Alternatively, the transferee can agree to a Property Improvement Plan (PIP) with a completion timeline acceptable to Americas Best Value Inn. If the premises are leased, the landlord must approve the transfer of the lease or sublease to the transferee.
Furthermore, the timing of the transfer must be reasonably acceptable to Americas Best Value Inn. The transferee is also required to provide an insurance certificate for the hotel that complies with the requirements outlined in Section 8.(i) of the franchise agreement. Finally, both the transferee and the current franchisee must fulfill any other conditions reasonably imposed by Americas Best Value Inn to finalize the transfer.