For what fiscal years are SCH's audited financial statements included 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 Atwell Suites' 2025 Franchise Disclosure Document, the audited financial statements for Six Continents Hotels, Inc. (SCH), the parent company, are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Since SCH commits to perform certain post-sale obligations for Atwell Suites, its financial statements are relevant for prospective franchisees to assess the financial stability and capability of the parent company to support the franchise system. Reviewing these statements allows potential franchisees to evaluate SCH's assets, liabilities, equity, revenue, and expenses over the three-year period.
By examining these financial statements, prospective Atwell Suites franchisees can gain insight into the financial health of SCH and its ability to meet its obligations to franchisees. This information is crucial for making an informed investment decision and assessing the potential risks and rewards associated with investing in an Atwell Suites franchise.