What is the renewal fee for an Americas Best Value Inn franchise?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
icas Best Value Inn brand (the "Brand") indicated on Exhibit A.
2. Term.
- (a) Initial Term. The term of this Agreement (the "Term") commences on the Effective Date and expires five (5) years from the Opening Date (as defined in Section 8.(b)), subject to earlier termination as set forth in this Agreement.
- (b) Renewal. The Term will be automatically extended for up to three additional five-year terms (and each extension is included in the definition of Term), if:
- (i) neither you nor we have provided at least 90 days prior written notice of an intention not to renew the Term prior to the end of the then-current term;
- (ii) you are not in default of any provision of this Agreement, any other agreement between you and us or our affiliates, or any supplier or vendor;
- (iii) you have completed (at least 60 days before the scheduled expiration of the Term) all maintenance, refurbishing, renovating, and upgrading of the Hotel required to conform the Hotel to (a) the Brand Standards (defined in Section 8.(d)) then in effect for new Brand Franchisees (defined in Section 3.(a)), and (b) any applicable PIP (as defined in Section 4.(b));
- (iv) you are lawfully entitled to continue to use and occupy the Premises for the entire following successor term; and
- (v) you have not received four (4) or more default notices from us during the Term; and
- (vi) you pay to us a renewal fee of $5,000.
Upon each renew
Source: Item 23 — RECEIPTS (FDD pages 71–223)
What This Means (2025 FDD)
According to the 2025 Americas Best Value Inn Franchise Disclosure Document, the renewal fee for an additional five-year term is $5,000. The initial term of the franchise agreement commences on the effective date and expires five years from the opening date.
However, to qualify for renewal, the franchisee must meet several conditions. First, neither the franchisee nor Americas Best Value Inn can provide written notice of an intention not to renew at least 90 days before the current term expires. Second, the franchisee must not be in default of any agreement with Americas Best Value Inn, its affiliates, or any supplier or vendor. Third, the franchisee must complete all required maintenance, refurbishing, renovating, and upgrading of the hotel to meet the brand standards for new franchisees at least 60 days before the term expires.
Additionally, the franchisee must be legally entitled to continue using and occupying the premises for the entire renewal term. The franchisee must not have received four or more default notices from Americas Best Value Inn during the current term. Finally, upon each renewal, Americas Best Value Inn reserves the right to require the franchisee to sign the then-current form of the franchise agreement and provide a general release of claims against Americas Best Value Inn.