What was the net income for Atwell Suites in 2023?

According to Atwell Suites's 2025 Franchise Disclosure Document, the brand's net income for 2023 was $9,019. This figure is part of a table that also includes revenue and net income (loss) for 2024 and 2022. Specifically, in 2024, Atwell Suites had revenue of $125,484 and a net loss of $(1,326). In 2022, the brand's revenue was $87,616 and it experienced a net loss of $(7,970).

This data provides a snapshot of Atwell Suites's financial performance over a three-year period. The positive net income in 2023 suggests a potentially favorable trend, although the subsequent net loss in 2024 indicates some volatility. Prospective franchisees should consider these fluctuations and investigate the factors contributing to these changes. Understanding the reasons behind the shift from profit to loss can help in assessing the financial stability and growth potential of an Atwell Suites franchise.

When evaluating this information, potential franchisees should also compare Atwell Suites's financial performance with that of other brands in the same segment of the hospitality industry. This comparative analysis can provide a broader context and help in determining whether Atwell Suites's financial results are competitive and sustainable. Additionally, it is important to review the complete financial statements and related notes in the FDD to gain a comprehensive understanding of the brand's financial health and future prospects.

It is also important to note that these figures reflect the performance of the Atwell Suites brand as a whole and may not be directly indicative of the potential financial performance of an individual franchise location. The success of a franchise will depend on various factors, including location, management, local market conditions, and the franchisee's ability to execute the Atwell Suites business model effectively.