table_specific

How many Sonesta Simply Suites franchised outlets were reacquired by the franchisor in 2023?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

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
Alabama 2022 2 0 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 21
Arizona 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3
California 2022 5 0 0 0 0 5
2023 5 0 0 0 0 5
2024 5 0 0 0 0 5
Colorado 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
Florida 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3

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 zero franchised outlets reacquired by the franchisor in 2023. This information is detailed in Table No. 3, which outlines the status of franchised outlets from 2022 to 2024. The table provides a breakdown by state, showing the number of outlets at the start of the year, outlets opened, reacquired outlets, closed outlets, sold outlets, and the number of outlets at the end of the year.

Specifically, for Alabama, Arizona, California, Colorado, and Florida, the 'Outlets Reacquired From Franchisee' column shows a consistent '0' for the year 2023. This indicates that in these states, no franchised Sonesta Simply Suites locations were taken back by the franchisor during that year.

This data point is crucial for potential franchisees as it reflects the stability and relationship between Sonesta Simply Suites and its franchisees. The absence of reacquired outlets in these states during 2023 suggests that franchisees were generally successful in maintaining their business operations, and that Sonesta Simply Suites did not need to take control of any failing franchises in those locations.

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.