factual

For what fiscal years are Holiday's audited financial statements included in the Atwell Suites FDD?

Atwell_Suites Franchise · 2025 FDD

Answer 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 Atwell Suites's 2025 Franchise Disclosure Document, Holiday's audited financial statements are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. These financial statements provide a historical view of Holiday's financial performance, which can be useful for prospective franchisees in assessing the financial stability and track record of the franchisor.

In addition to Holiday's financial statements, the FDD also includes the audited financial statements for Holiday's parent company, SCH, for the same fiscal years: December 31, 2024, December 31, 2023, and December 31, 2022. This is because SCH commits to performing certain post-sale obligations for Holiday. Reviewing the parent company's financials can give a broader understanding of the financial resources available to support the Atwell Suites franchise system.

It is important for potential Atwell Suites franchisees to carefully review these financial statements and consult with a financial advisor to understand the implications of the data presented. Understanding the franchisor's and its parent company's financial health is a crucial part of the due diligence process before investing in a franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.