In 2022, what was the number of Chesters transfers of outlets from franchisees to new owners in Tennessee?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 |
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 no transfers of outlets from franchisees to new owners in Tennessee during 2022. This information is based on data reported by Chesters in its FDD, which tracks franchise transfers across various states.
For a prospective franchisee, this data point indicates the stability of Chesters franchises in Tennessee. A low number of transfers could suggest that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also mean that there is a limited market for buying and selling Chesters franchises in that state.
It's important to consider this data in conjunction with other factors, such as the number of terminations, non-renewals, and ceased operations, to get a comprehensive understanding of the health and turnover of Chesters franchises in Tennessee. A prospective franchisee should also speak with current and former franchisees in Tennessee to gather more qualitative information about their experiences.