What is the patent number for the 'Universal Redemption Vehicle' used by Atwell Suites?

According to the 2025 Atwell Suites FDD, the 'Universal Redemption Vehicle,' which supports the 'Redeem Anywhere' concept, is protected under USPTO Patent No. 10,417,645. This patent was issued on September 19, 2019, and is valid until April 20, 2026. This indicates that Atwell Suites has secured legal protection for this specific technology or system related to its redemption program.

For a prospective franchisee, this patent signifies that Atwell Suites has a proprietary system for its 'Redeem Anywhere' concept, potentially offering a competitive advantage. The patent's validity until April 20, 2026, means that Atwell Suites has exclusive rights to this technology for a defined period. After this date, the technology may become available for others to use, potentially reducing any competitive edge it currently provides.

It is important for potential franchisees to understand the implications of this patent in terms of the Atwell Suites' overall business model and competitive positioning. Franchisees should also inquire about any future plans or innovations that Atwell Suites may have in place to maintain its competitive advantage beyond the expiration date of this patent. Understanding the long-term strategy related to technology and redemption programs is crucial for making an informed investment decision.