How many Best Western franchise transfers occurred in Kentucky during 2023?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2024 | 3 | |
| Kentucky | 2022 | 3 |
| 2023 | 3 | |
| 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 three franchise transfers in Kentucky during 2023. This information is based on data collected by Best Western and included in Item 20 of the FDD, which provides details on the number of franchise transfers that occurred within the Best Western system over the past three years.
For a prospective franchisee, understanding the number of transfers can provide insights into the stability and desirability of owning a Best Western franchise in a specific area. A higher number of transfers might indicate market challenges or franchisee dissatisfaction, while a lower number could suggest stability and success within the region. It is important to note that transfers do not necessarily indicate failure; they can also result from retirement, relocation, or other personal reasons.
It is also useful to compare the transfer rate in Kentucky to other states and the overall Best Western system. This broader perspective can help a potential franchisee assess whether the Kentucky market is typical or presents unique opportunities or risks. Further investigation into the reasons behind these transfers would be a prudent step for anyone considering investing in a Best Western franchise in Kentucky.
Ultimately, while the FDD provides this historical data, prospective franchisees should engage in thorough due diligence, including speaking with current and former franchisees, to gain a comprehensive understanding of the factors influencing franchise transfers and the overall health of the Best Western brand in Kentucky.