How many Sonesta Simply Suites company-owned outlets were closed in Georgia during 2023?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer 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's 2025 Franchise Disclosure Document, there were no company-owned locations closed in Georgia during 2023. Table No. 4, which details the status of company-owned outlets, shows that in 2023, Georgia had one outlet at the start of the year and zero outlets closed, ending the year with one outlet. This indicates stability in the company-owned presence in Georgia during that period.
This information is valuable for prospective franchisees as it provides insight into the stability and performance of company-owned stores, which can be indicative of the overall health and management of the Sonesta Simply Suites brand. A consistent number of outlets, with no closures, might suggest a well-managed market and brand presence in Georgia.
It is important to note that this data reflects only company-owned locations. Franchisees should also investigate the performance and status of franchised locations in Georgia to gain a comprehensive understanding of the brand's footprint and success in the state. Reviewing both company-owned and franchised outlet data can offer a more balanced perspective on the potential opportunities and challenges in the Georgia market.