What exhibit contains SCH's audited financial statements in the Atwell Suites FDD?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Our parent, SCH, commits to perform certain post-sale obligations for us. Exhibit F2 includes SCH'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 Franchise Disclosure Document, Exhibit F2 contains the audited financial statements for SCH, the parent company. These financial statements cover the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Since SCH commits to certain post-sale obligations for Atwell Suites, reviewing their financial statements can give a prospective franchisee insight into the financial stability and capacity of the parent company to support the franchise system. This is a common practice in franchising, as the financial health of the parent company can impact the support and resources available to franchisees.
Therefore, a franchisee should carefully examine Exhibit F2 to assess SCH's financial performance and stability over the three-year period. This review should include an analysis of SCH's revenues, expenses, assets, and liabilities to determine its ability to meet its obligations to Atwell Suites franchisees.