Under the Atwell Suites Dispensing Equipment Lease, what items are included as 'Equipment'?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Company hereby leases to the PSH Owner of each Corporate Hotel (referred to as "Equipment Lessee" in this Exhibit D) all beverage dispensers provided to Equipment Lessee ("Equipment"), subject to the terms and conditions set forth in this Lease.
Unless otherwise agreed in writing, the Equipment will also include, where applicable, all permanent merchandising, menu boards, refrigeration units, ice makers and water filtration equipment installed by Company on Equipment Lessee's premises.
At a minimum, equipment provided pursuant to this Exhibit A-1 shall include, at no cost to Customer in a quantity reasonably necessary for each Hotel*:
Fountain Equipment (except in portable bars) New Lines (as needed) Bar Guns
If Customer elects to lease additional equipment, such equipment will be leased to Customer at an annual lease rate calculated by multiplying the total installed cost of the additional equipment by the then-current lease factor. The lease factor currently in effect for equipment is 0.24. Should the lease factor change during the Term, any equipment installed after the change goes into effect will be subject to the new lease factor.
Customer may use Company's service network without any additional charge for all ordinary course mechanical repairs reasonably needed for Juice equipment provided by Company.
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, the dispensing equipment lease covers beverage dispensers provided to the PSH Owner of each Corporate Hotel. Unless otherwise agreed to in writing, the equipment includes permanent merchandising, menu boards, refrigeration units, ice makers, and water filtration equipment installed by the company on the Equipment Lessee's premises.
Atwell Suites franchisees should note that all dispensers provided by the company remain the property of the company and are subject to the terms and conditions of the lease. If a franchisee elects to lease additional equipment, the annual lease rate is calculated by multiplying the total installed cost of the additional equipment by the then-current lease factor, which is 0.24 at the time of the FDD.
At a minimum, and at no cost to the franchisee, the equipment includes fountain equipment (except in portable bars) and new lines as needed, as well as bar guns. For juice equipment, Atwell Suites customers may use the company's service network without additional charge for all ordinary course mechanical repairs reasonably needed for juice equipment provided by the company.