How many franchised Sonesta Select Sonesta Essential outlets were operating at the end of 2023?
Sonesta_Select_Sonesta_Essential Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements Signed But Outlets Not Opened | Projected New Franchisee Outlets In The Next Fiscal Year | Projected New Company- Owned Outlets In The Next Fiscal Year |
|---|---|---|---|
| California | 0 | 1 | 0 |
| Florida | 0 | 1 | 0 |
| Missouri | 1 | 1 | 0 |
| North Carolina | 1 | 2 | 0 |
| Texas | 0 | 1 | 0 |
| Total | 2 | 6 | 0 |
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year |
| Franchised |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–84)
What This Means (2025 FDD)
According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, the number of franchised outlets at the end of 2023 was 5. This information is derived from a table summarizing the status of franchised outlets between 2022 and 2024.
Specifically, the table provides a year-by-year overview of the number of franchised Sonesta Select Sonesta Essential outlets operating within the specified timeframe. This includes details on outlets at the start of each year, outlets opened, and the number of outlets at the end of the year.
For a prospective franchisee, this data indicates the growth and changes within the Sonesta Select Sonesta Essential franchise system over the past few years. It is important to note that while the total number of franchised locations is provided, further due diligence, such as reviewing the performance of existing locations and understanding the reasons behind any closures or transfers, is essential for making an informed investment decision.