What was the number of Best Western outlet transfers in Indiana during 2024?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Indiana | 2022 | 6 |
| 2023 | 3 | |
| 2024 | 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 outlet transfers in Indiana during 2024. This information is based on transfers of outlets from existing members to new owners, excluding transfers involving the licensor.
For a prospective franchisee, this data point provides insight into the resale market within the Best Western system in Indiana. A higher number of transfers might indicate a more active market for existing franchises, potentially offering opportunities to acquire an established location rather than starting from scratch. Conversely, a very low number could suggest limited opportunities for buying existing franchises.
It's important to consider this number in the context of the total number of Best Western locations in Indiana and the reasons behind these transfers. Transfers could be due to retirement, relocation, or franchisees seeking other business opportunities. Understanding the reasons behind transfers can provide a more comprehensive view of the health and stability of the Best Western franchise network in Indiana.