What exhibit contains Holiday's audited financial statements in the Atwell Suites FDD?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F1 to this disclosure document includes Holiday's audited Financial Statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Source: Item 21 — Financial Statements (FDD pages 98–99)
What This Means (2025 FDD)
According to the 2025 Atwell Suites FDD, Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, are included in Exhibit F1 of the disclosure document. These financial statements provide a detailed overview of Holiday's financial performance over the past three years.
For a prospective Atwell Suites franchisee, reviewing these financial statements is crucial for assessing the financial stability and performance of the franchisor. This information can help in understanding the overall health of the company and its ability to support its franchisees. It also allows potential franchisees to evaluate the trends in Holiday's financial performance and make informed decisions about investing in an Atwell Suites franchise.
In addition to Holiday's financial statements, the FDD also includes the audited financial statements of SCH, Atwell Suites' parent company, in Exhibit F2. SCH commits to performing certain post-sale obligations for Atwell Suites. Reviewing the financial statements of both Holiday and SCH can provide a more comprehensive understanding of the financial resources available to support the Atwell Suites franchise system.