What was the total number of Atwell Suites outlets at the end of 2022?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| (Col. 1) | (Col. 2) | (Col. 3) | (Col. 4) | (Col. 5) | (Col. 6) | (Col. 7) | (Col. 8) |
|---|---|---|---|---|---|---|---|
| State | Year | Outlets | Outlets | Outlets | Outlets | Outlets Sold | Outlets at |
| at Start of Year | Opened | Reacquired from Licensee | Closed | to Licensee | End of Year | ||
| All | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| States | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS ANDFRANCHISEE INFORMATION (FDD pages 95–98)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, at the end of 2022, there were zero Atwell Suites outlets. The provided table in Item 20 outlines the outlet numbers for 2022, 2023, and 2024. For 2022, the table indicates that the number of outlets at the start of the year was 0, the number of outlets opened was 0, the number of outlets reacquired from licensees was 0, the number of outlets closed was 0, and the number of outlets sold to licensees was 0. Therefore, the number of outlets at the end of the year was 0.
This suggests that Atwell Suites was a relatively new franchise system at that time, or that the brand had not yet begun opening locations. This is not uncommon for newer franchise brands, as it often takes time to develop the franchise system, secure franchisees, and open new locations.
Prospective franchisees should be aware of the risks associated with investing in a newer franchise system, including the lack of a proven track record and the potential for unforeseen challenges. However, there may also be opportunities to get in on the ground floor of a growing brand and to shape the direction of the franchise system.