Where can I find SCH's audited financial statements in the Atwell Suites FDD?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
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 FDD, SCH's audited financial statements can be found in Exhibit F2 of the document. These statements cover the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Since SCH, the parent company, commits to perform certain post-sale obligations for Atwell Suites, reviewing these financial statements is crucial for prospective franchisees. It allows them to assess the financial stability and overall health of the parent company, which directly impacts its ability to support the Atwell Suites franchise system.
By examining these statements, potential franchisees can gain insights into SCH's revenues, expenses, assets, and liabilities. This information can help them evaluate the level of risk associated with investing in an Atwell Suites franchise and make informed decisions about their investment.