table_specific

How many Best Western franchise transfers occurred in Florida during 2023?

Best_Western Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Florida 2022 6
2023 2
2024 3

Source: Item 20 — Outlets and Franchisee Information (FDD pages 93–107)

What This Means (2025 FDD)

According to Best Western's 2025 Franchise Disclosure Document, there were 2 franchise transfers in Florida during 2023. This information is based on the table outlining transfers of outlets from members to new owners. The table provides a state-by-state breakdown of the number of transfers that occurred over the past three years, from 2022 to 2024.

For a prospective franchisee, this data point can be relevant in assessing the stability and desirability of Best Western franchises in Florida. A higher number of transfers might indicate a more active market for buying and selling franchises, while a lower number could suggest franchisees are holding onto their locations for longer periods. It is important to note that a transfer does not inherently indicate a positive or negative situation, but rather a change in ownership.

It would be prudent for a potential Best Western franchisee to investigate the reasons behind these transfers. Understanding why previous owners decided to sell can provide valuable insights into the challenges and opportunities associated with operating a Best Western franchise in Florida. Talking to current and former franchisees in the area could shed light on the local market conditions and the overall experience of running a Best Western hotel.

Overall, the transfer data provides a piece of the puzzle when evaluating a franchise opportunity. While two transfers in Florida during 2023 may not seem significant on its own, it should prompt further investigation into the dynamics of the Best Western franchise network in that state.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.