What was the net change in the number of licensed Atwell Suites outlets during 2024?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| (Column 1) | (Column 2) | (Column 3) | (Column 4) | (Column 5) |
|---|---|---|---|---|
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
| Licensed | 2022 | 0 | 2 | 2 |
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 6 | 4 |
Source: Item 20 — OUTLETS ANDFRANCHISEE INFORMATION (FDD pages 95–98)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, the net change in the number of licensed outlets during 2024 was an increase of 4 locations. At the start of 2024, there were 2 licensed Atwell Suites outlets, and by the end of the year, this number had grown to 6.
For a prospective franchisee, this indicates a period of growth for the Atwell Suites brand. While past performance is not indicative of future results, the increase in the number of licensed outlets may suggest a growing interest in the franchise and potentially increasing brand recognition.
It's important for potential franchisees to investigate the reasons behind this growth, such as successful marketing campaigns, favorable market conditions, or attractive financing options. Additionally, franchisees should consider the locations of these new outlets and whether they are in markets similar to those they are considering.
The FDD also lists the contact information for existing franchisees, and it is highly recommended that potential franchisees reach out to current owners to gain insight into their experiences and the performance of their Atwell Suites locations.