What was the number of Best Western franchise transfers in South Dakota during the year 2022?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| South Dakota | 2022 | 2 |
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 South Dakota during 2022. This information is based on transfers of outlets from existing members to new owners, excluding transfers to the licensor itself. This data point is part of a larger table presenting transfer information across various states and years.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or sell their existing franchise to a new owner. The number of transfers can be an indicator of the stability and desirability of Best Western franchises within a specific region. A higher number of transfers might suggest a more active market for franchise resales, while a lower number could indicate greater franchisee satisfaction and longevity.
For a prospective Best Western franchisee, understanding the transfer activity in their target state can provide valuable insights. It's important to investigate the reasons behind any transfers and assess whether they reflect positive or negative trends. Additionally, this information can be useful when considering the potential resale value of a Best Western franchise in South Dakota.