How many total Atwell Suites outlets were operating at the end of 2023?

According to Atwell Suites's 2025 Franchise Disclosure Document, there were 2 Atwell Suites outlets operating at the end of 2023. The provided table in Item 20 outlines the changes in the number of outlets over the years. At the start of 2023, there were 2 outlets. During 2023, no additional outlets were opened, and there were no terminations, non-renewals, re acquisitions by Holiday, or other reasons for ceased operations. Therefore, the number of outlets remained at 2 by the end of 2023.

This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and stability. A low number of outlets, as seen in 2023, could indicate that the franchise is relatively new or experiencing slow growth. This might present both opportunities and risks for new franchisees. On one hand, there may be more prime locations available. On the other hand, a smaller network could mean less brand recognition and support from fellow franchisees.

It's important to note that while the table provides a historical overview, it does not guarantee future performance. Prospective franchisees should conduct thorough due diligence, including speaking with existing franchisees and analyzing market trends, to assess the potential of Atwell Suites in their desired location. Understanding the factors that contributed to the changes in outlet numbers, or lack thereof, in previous years can also provide valuable insights.