In 2022, what was the number of Chesters transfers of outlets from franchisees to new owners in Pennsylvania?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, there were zero transfers of outlets from franchisees to new owners in Pennsylvania during 2022. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor itself.
This data point is relevant for prospective franchisees as it provides insight into the resale activity within the Chesters system. A higher number of transfers might indicate a more liquid market for existing franchises, while a lower number, as seen in Pennsylvania for 2022, could suggest franchisees are holding onto their locations or that there are fewer opportunities for resale.
It's important to note that this data only reflects transfers to new owners and does not include instances where Chesters reacquired the outlet. Reviewing transfer data over several years, as provided in the table for 2023 and 2024, can provide a more comprehensive understanding of franchise resale trends within specific states.