Does the Even Hotels FDD include audited financial statements for SCH?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Even Hotels' 2025 Franchise Disclosure Document, Exhibit F-2 includes audited financial statements for SCH, the parent company, for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
This is important for prospective franchisees because it provides transparency into the financial health and stability of the parent company, SCH, which has committed to performing certain post-sale obligations for Even Hotels. Reviewing these statements can help franchisees assess the parent company's ability to support the franchise system.
Typically, franchisors include audited financial statements in their FDDs to give potential franchisees a clear picture of the company's financial standing. The inclusion of SCH's financial statements indicates a commitment to transparency on the part of Even Hotels and its parent company.