How many Best Western franchises were transferred in the state of Arizona during 2023?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2022 | 7 |
| 2023 | 2 | |
| 2024 | 4 |
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 the state of Arizona during 2023. This information is based on transfers of outlets from members to new owners, excluding transfers back to the licensor. The data is part of a larger table tracking such transfers over the years 2022, 2023, and 2024.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to personal circumstances. The number of transfers can be an indicator of the stability and desirability of the franchise system within a specific region. A higher number of transfers might suggest potential challenges or dissatisfaction among franchisees, while a lower number could indicate a stable and successful market.
For a prospective Best Western franchisee, understanding the transfer activity in their desired state is crucial. It provides insights into the local market dynamics and the experiences of existing franchisees. Investigating the reasons behind these transfers can offer valuable information about the potential opportunities and challenges of operating a Best Western franchise in Arizona.
It's also important to note that this data only reflects transfers to new owners and does not include instances where the Best Western licensor reacquired the outlet. Reviewing this transfer data in conjunction with other performance metrics, such as terminations, non-renewals, and overall outlet growth, can provide a more comprehensive understanding of the health and stability of the Best Western franchise system.