What was the total number of Atwell Suites franchise transfers across all states in 2023?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| (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 |
Source: Item 20 — OUTLETS ANDFRANCHISEE INFORMATION (FDD pages 95–98)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, there was a total of one franchise transfer across all states in 2023. Specifically, Colorado experienced one transfer during that year, while all other states reported zero transfers. This indicates that franchise transfers were a rare occurrence within the Atwell Suites system during that period.
For a prospective franchisee, a low number of transfers could be viewed positively, suggesting stability within the franchise network. However, it is essential to investigate further into the reasons behind any transfers that do occur. Understanding the circumstances surrounding these transfers can provide valuable insights into potential challenges or opportunities within the Atwell Suites franchise system.
It's also important to note that the provided data only covers the years 2022, 2023, and 2024. A more comprehensive analysis would involve examining transfer rates over a longer period to identify any trends or patterns. Additionally, speaking with current and former Atwell Suites franchisees can offer valuable perspectives on their experiences with franchise transfers and the overall health of the franchise system.