What is the fee for Public Offering or Private Placement Processing for an Atwell Suites franchise, and when is it due?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
e 12 | | Conversion Hotels: | | | | | Extensions greater | | | |
| (Column 1) | (Column 2) | (Column 3) | (Column 4) |
|---|---|---|---|
| Type of Fee | Amount | Due Date | Remarks |
| than 12 months from | |||
| CC date included in | |||
| original license | |||
| Suite Additions | 1/2 of original room addition | Note 12 | |
| (6-month extension) | Application Fee | ||
| Public Offering or Private Placement Processing Fee | $25,000 plus additional costs incurred by Holiday | When you or any of your owners submit request for approval of private placement or public offering (Payable to Holiday) | Note 13 |
| Audit/Interest | Amount of deficiency, interest and $3,000 audit fee ( |
Source: Item 6 — OTHER FEES (FDD pages 30–56)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, a Public Offering or Private Placement Processing Fee of $25,000 is required, plus any additional costs incurred by Holiday. This fee is payable to Holiday when you or any of your owners submit a request for approval of a private placement or public offering.
Note 13 further clarifies that if a franchisee proposes a securities offering requiring registration under any federal or state securities law, they must apply to Holiday for approval of the offering and pay a non-refundable securities offering fee of $25,000 when they apply.
This fee covers the franchisor's costs of reviewing and approving the offering to ensure compliance with securities laws and to protect the Atwell Suites brand. Because the fee is non-refundable, franchisees should carefully consider the likelihood of approval before submitting their application and payment.