How many Best Western franchise transfers occurred in Texas during 2023?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 20 |
| 2023 | 15 | |
| 2024 | 13 |
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 15 franchise transfers in Texas during 2023. This figure is part of a larger table detailing the number of transfers across various states for the years 2022, 2023, and 2024. Franchise transfers represent instances where existing Best Western properties change ownership from one franchisee to another, excluding transfers back to the company itself. These numbers can give potential franchisees an idea of the resale market and the frequency of ownership changes within the Best Western system.
For a prospective Best Western franchisee, understanding the transfer activity in a specific state like Texas can be valuable. A higher number of transfers might indicate a more active market for buying and selling existing franchises, which could present opportunities for entry or exit. However, it could also signal potential challenges or dissatisfaction among current owners, prompting them to sell. Therefore, it's essential to investigate the reasons behind these transfers to assess the health and stability of Best Western franchises in the region.
It is also important to note the trend in franchise transfers. In Texas, the number of transfers has decreased from 20 in 2022 to 15 in 2023, and further down to 13 in 2024. This trend could reflect changing market conditions, shifts in franchisee satisfaction, or evolving Best Western policies regarding franchise ownership. Prospective franchisees should consider these trends and investigate the underlying factors to make informed decisions about investing in a Best Western franchise in Texas.
Overall, while the transfer numbers provide a snapshot of franchise activity, potential franchisees should conduct thorough due diligence, including speaking with current and former franchisees, to gain a comprehensive understanding of the opportunities and challenges associated with owning a Best Western in Texas.