How many Sonesta Select Sonesta Essential franchised outlets were transferred in Texas during 2023?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, there was one transfer of a franchised outlet in Texas during 2023. This information is based on the systemwide outlet summary.

This indicates that at least one existing Sonesta Select Sonesta Essential franchisee in Texas sold their business to a new owner during that year. For a prospective franchisee, this figure provides insight into the resale market within the Sonesta Select Sonesta Essential system. A transfer could occur for various reasons, such as the original franchisee retiring, pursuing other business ventures, or facing financial difficulties.

It's important to note that a single transfer doesn't necessarily indicate a problem with the franchise. However, a high number of transfers might warrant further investigation. A prospective franchisee should inquire about the reasons for transfers and the overall health of existing franchises in their target market. Reviewing the performance and history of transferred outlets can provide valuable insights into potential opportunities and challenges.

It is also important to note that the table also includes data on the number of transfers in Texas for 2022 and 2024, which were 0 and 0 respectively. This broader view can help a potential franchisee understand the trend of franchise transfers in Texas over a three-year period.