What was the number of Americas Best Value Inn outlets at the end of 2024 in Arkansas?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
umbers are as of December 31 of each year.
TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024, 1, 2
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 5 | 0 | 1 (3) | 0 | 0 | 0 | 4 | |
| Alabama | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2024 | 4 | 2 | 0 | 0 | 0 | 1 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 64–70)
What This Means (2025 FDD)
According to Americas Best Value Inn's 2025 Franchise Disclosure Document, there were 5 outlets in Arkansas at the end of 2024. The provided table in Item 20 outlines the changes in outlet numbers over the years. In 2024, there were 7 outlets at the start of the year, no new outlets opened, no terminations occurred, one non-renewal took place, and one outlet ceased operations for other reasons, resulting in 5 outlets at the end of the year.
For a prospective franchisee, this data indicates the recent activity and stability of the Americas Best Value Inn brand in Arkansas. The decrease of two outlets during 2024, due to a non-renewal and another reason, could signal potential challenges or market saturation in the region. It would be prudent for a potential franchisee to investigate the reasons behind these closures to better understand the market dynamics.
Understanding the reasons behind non-renewals and ceased operations is crucial for assessing the risk and potential of investing in an Americas Best Value Inn franchise in Arkansas. This information, combined with conversations with current and former franchisees, can provide a more comprehensive view of the franchise's performance and outlook in the state.