How many Americas Best Value Inn franchises were transferred in Illinois during 2023?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 64–70)
What This Means (2025 FDD)
According to the 2025 Americas Best Value Inn Franchise Disclosure Document, there was one franchise transfer in Illinois during 2023. This means that one existing Americas Best Value Inn franchise location in Illinois was sold to a new owner during that year.
For a prospective franchisee, this data point provides insight into the stability and desirability of Americas Best Value Inn franchises in Illinois. A low number of transfers could indicate franchisee satisfaction or limited opportunities for buying existing locations. Conversely, a high number might suggest potential challenges in the market or with the franchise itself.
It's important to consider this transfer data in conjunction with other factors, such as new openings, terminations, and overall market conditions, to get a comprehensive understanding of the franchise's performance and potential in Illinois. Prospective franchisees should also speak with current and former franchisees in Illinois to gather firsthand insights into their experiences.