Where can I find 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.
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, Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, are included as Exhibit F1 to the disclosure document. These statements provide a detailed overview of Holiday's financial performance over the past three years, offering prospective franchisees insight into the company's financial health and stability.
Additionally, the FDD mentions that the parent company, SCH, commits to perform certain post-sale obligations for Holiday. SCH's audited financial statements for the same fiscal years (December 31, 2024, December 31, 2023, and December 31, 2022) are included as Exhibit F2. This is important because the financial stability of the parent company can impact the support and resources available to Atwell Suites franchisees.
Reviewing these financial statements is a crucial step for any potential franchisee. It allows them to assess the financial risks and opportunities associated with investing in an Atwell Suites franchise. By examining the balance sheets, statements of operations, member's equity, and cash flows, franchisees can gain a better understanding of Holiday's financial performance and its ability to support its franchisees.