Which exhibit contains Holiday's audited financial statements in the Even Hotels FDD?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F-1 to this disclosure document includes Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Our parent, SCH, commits to perform certain post-sale obligations for us. Exhibit F-2 includes SCH's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 98)
What This Means (2025 FDD)
According to the 2025 Even Hotels Franchise Disclosure Document, Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022 are included in Exhibit F-1. This exhibit is a standard inclusion in franchise disclosure documents, providing prospective franchisees with an overview of the franchisor's financial health.
In addition to Holiday's financial statements, Exhibit F-2 contains the audited financial statements for Even Hotels' parent company, Six Continents Hotels (SCH), for the same fiscal years. The inclusion of the parent company's financials is relevant because SCH commits to performing certain post-sale obligations for Even Hotels.
As a prospective franchisee, reviewing both Exhibit F-1 and Exhibit F-2 is crucial. These statements provide insight into the financial stability of both the franchisor (Holiday) and its parent company (SCH), which has committed to certain obligations. Analyzing these documents can help in assessing the overall risk and potential success of an Even Hotels franchise.