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

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, there was one franchise transferred in the state of Texas during 2023. This figure represents the number of existing Sonesta Select Sonesta Essential locations that changed ownership from one franchisee to another, not involving the franchisor directly in the transfer.

For a prospective franchisee, this information offers insight into the resale market and the potential for future exit strategies. A low number of transfers could indicate stability within the franchise system, or it could suggest challenges in reselling a franchise. Conversely, a high number might point to a liquid market with easier exit opportunities, but also potential instability or franchisee turnover.

It is important to consider this number in conjunction with other factors, such as the total number of franchises in Texas, the reasons for the transfers (e.g., retirement, poor performance), and the overall financial health of the franchisees involved. Further research and conversations with current and former franchisees can provide a more comprehensive understanding of the transfer landscape within the Sonesta Select Sonesta Essential system.