Are the financial statements for Holiday and SCH included in the Atwell Suites FDD audited?

According to Atwell Suites' 2025 Franchise Disclosure Document, the audited financial statements for both Holiday and SCH are included. Specifically, Exhibit F1 contains Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. Similarly, Exhibit F2 includes SCH's audited financial statements for the same fiscal years. This inclusion of audited financial statements is a standard practice in franchising, providing potential franchisees with an overview of the franchisor's and its parent company's financial health.

The fact that these financial statements are audited is significant. An audit means that an independent accounting firm has examined the financial records and provided an opinion on whether they fairly represent the company's financial position and performance in accordance with generally accepted accounting principles. This adds a level of credibility and assurance for prospective franchisees who are evaluating the financial stability of Atwell Suites and its related entities.

Prospective franchisees should carefully review these financial statements and consider consulting with a financial advisor to fully understand the implications. Analyzing the trends in revenue, expenses, assets, and liabilities can offer insights into the financial strength and potential risks associated with investing in an Atwell Suites franchise. The audited statements for Holiday and SCH provide a degree of transparency that can aid in making an informed investment decision.