How many Atwell Suites outlets in Florida ceased operations for other reasons in 2024?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
022 to 2024**
| (Column 1) | (Column 2) | (Column 3) |
|---|---|---|
| State | Year | Number of Transfers |
| Colorado | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| All Other States | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Table No. 3 Status of Licensed Outlets For Years 2022 to 2024
| (Col. 1) State | (Col. 2) Year | (Col. 3) Outlets at Start of Year | (Col. 4) Outlets Opened | (Col. 5) Terminations | (Col. 6) Non Renewals | (Col. 7) Reacquired by Holiday | (Col. 8) Ceased Operations – Other Reasons | (Col.
Source: Item 20 — OUTLETS ANDFRANCHISEE INFORMATION (FDD pages 95–98)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, there were no Atwell Suites outlets in Florida that ceased operations for reasons other than termination, non-renewal, or reacquisition by Holiday during the year 2024. The provided table in Item 20 outlines the changes in outlet numbers across various states. For Florida, the table shows that there was 1 outlet at the start of 2024, no outlets opened during the year, and no terminations, non-renewals or re acquisitions. The number of outlets that ceased operations for other reasons was 0, leaving 1 outlet at the end of the year.
This data point is relevant for potential franchisees as it provides insight into the stability and performance of Atwell Suites franchises in Florida. A history of outlets ceasing operations for 'other reasons' might indicate underlying issues with the business model or market conditions in that area. The absence of such closures in Florida for 2024 could be interpreted positively.
It's important to note that 'other reasons' for ceasing operations can include a variety of factors such as relocation, failure to meet brand standards, or mutual agreement between the franchisee and franchisor. While the FDD provides this specific data point, prospective franchisees should still conduct their own due diligence, including speaking with current and former franchisees, to gain a comprehensive understanding of the risks and opportunities associated with investing in an Atwell Suites franchise in Florida.