table_specific

In 2024, how many Sonesta Simply Suites locations were reacquired from franchisees in Arizona?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

11 | | | 2023 | 11 | 4 | 0 | 0 | 0 | 1 | 14 | | | 2024 | 14 | 5 | 2 | 0 | 0 | 0 | 17 |

TABLE NO. 4 STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022 to 2024

State Year Outlets at Start of Year Outlets Opened Outlets Reacquired From Franchisee Outlets Closed Outlets Sold to Franchisee Outlets at End of the Year

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 74–79)

What This Means (2025 FDD)

According to Sonesta Simply Suites' 2025 Franchise Disclosure Document, there were no re acquisitions of franchise locations in Arizona during 2024. The provided table in Item 20 outlines the changes in outlet numbers for the years 2022, 2023, and 2024, broken down by state. For Arizona, the table shows that in 2024, there were 3 outlets at the start of the year, 0 outlets opened, 0 outlets reacquired from a franchisee, 0 outlets closed, and 0 outlets sold to a franchisee, resulting in 3 outlets at the end of the year.

This data indicates that Sonesta Simply Suites did not reacquire any franchised locations in Arizona during the specified year. A prospective franchisee can interpret this information as a sign of stability in the Arizona market, as no locations were taken back by the franchisor. This could be due to successful franchise operations or a strategic decision by Sonesta Simply Suites to maintain its existing franchise network in the state.

It is important to note that this information is limited to the specific time frame and data points presented in the table. While no locations were reacquired, other changes such as terminations, non-renewals, or transfers to new owners could have occurred, though these are not reflected in the 'Outlets Reacquired From Franchisee' column. For a comprehensive understanding, a potential franchisee should review the other tables and exhibits referenced in Item 20 of the FDD, such as Exhibit J-2, which lists franchisees who ceased to do business under a Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.