What was the income (loss) before income taxes for Sonesta Select Sonesta Essential in 2022 (in thousands)?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, the income (loss) before income tax expense for the year ended December 31, 2022, was a loss of $2,749 (in thousands). This figure is derived from the consolidated statements of comprehensive income (loss). It represents the company's financial performance before accounting for income tax expenses.

For a prospective Sonesta Select Sonesta Essential franchisee, this historical loss indicates potential financial challenges or variability in the company's earnings. It is important to consider this figure in the context of other financial data provided in the FDD, such as revenue, expenses, and overall trends, to gain a comprehensive understanding of the company's financial health.

It is also important to note that past performance is not necessarily indicative of future results. A potential franchisee should investigate the reasons behind the loss in 2022 and assess whether the factors contributing to the loss are likely to persist or if the company has taken measures to improve its profitability. Understanding the context surrounding this loss is crucial for making an informed investment decision.

Furthermore, prospective franchisees should compare this figure with industry benchmarks and the performance of other similar franchise systems to evaluate the relative financial strength of Sonesta Select Sonesta Essential. Consulting with a financial advisor is recommended to fully assess the financial risks and opportunities associated with investing in this franchise.