table_specific

How many Best Western outlets were transferred in New Jersey during 2024?

Best_Western Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
New Jersey 2022 1
2023 0
2024 0

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 zero transfers of Best Western outlets in New Jersey during 2024. The provided table tracks the number of outlet transfers from members to new owners, excluding transfers involving the licensor. This data is relevant for prospective franchisees as it indicates the stability and desirability of existing Best Western locations within a specific state. A high number of transfers might suggest market saturation or operational challenges, while a low number could indicate franchisee satisfaction and profitability.

For a potential Best Western franchisee, understanding the transfer activity in their target region is crucial. While zero transfers in New Jersey during 2024 could be a positive sign, it's important to investigate further. This could mean that existing franchisees are content and successful, or it could indicate a lack of interest from potential buyers due to other factors. Further research into the performance and market conditions of Best Western locations in New Jersey would be beneficial.

It is also important to note that this data only reflects transfers to new owners and does not include instances where Best Western reacquired the outlet. Reviewing additional data points, such as terminations, non-renewals, and reasons for ceased operations, can provide a more comprehensive understanding of the overall health and turnover of Best Western franchises in New Jersey. This information, combined with direct conversations with current and former franchisees, can offer valuable insights for making an informed investment decision.

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.