Does the Sonesta Simply Suites disclosure document include Exhibit B, which contains the Financial Statements?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| See Exhibit A | for Sonesta RL Hotels Franchising Inc.'s re | egistered agents au | uthorized to receive se | ervice of process. | |
|---|---|---|---|---|---|
| I have receive | ed a disclosure document dated March 31, | 2025, that included | I the following Exhibits | S: | |
| Exhibit A - Exhibit B - Exhibit C - Exhibit D - Exhibit E- Exhibit F - | State Administrators/Agents for Service of Process Financial Statements Guaranty of Performance Franchise Agreement Development Incentive Promissory Note Representations and Acknowledgments Statement | Exhibit H - Table of Contone Exhibit I - Agreement an Exhibit J-1 - List of Current Exhibit J-2 - List of Former Exhibit K - State Addendard | its of Brand Manual Consent to Transfer Franchisees |
Source: Item 23 — RECEIPTS (FDD pages 80–246)
What This Means (2025 FDD)
According to the 2025 Sonesta Simply Suites Franchise Disclosure Document, Exhibit B contains the financial statements. Prospective franchisees should review these statements carefully to assess the financial health and stability of Sonesta Simply Suites.
The inclusion of financial statements as Exhibit B is a standard practice in franchising, allowing potential franchisees to make informed decisions. These statements provide insights into the franchisor's revenues, expenses, assets, and liabilities.
It is important for potential Sonesta Simply Suites franchisees to consult with a financial advisor or attorney to fully understand the implications of the financial statements. This will help them evaluate the risks and rewards associated with investing in a Sonesta Simply Suites franchise.