In 2024, what was the number of Chesters transfers of outlets from franchisees to new owners in Kansas?
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 2 transfers of outlets from franchisees to new owners in Kansas during 2024. This indicates the number of existing Chesters franchises in Kansas that were sold to new franchisees during that year.
For a prospective franchisee, this information is relevant for a few reasons. First, it provides insight into the resale market for Chesters franchises in Kansas. A higher number of transfers could suggest a more active market, while a lower number might indicate fewer opportunities to acquire an existing Chesters business. Second, transfers can reflect the overall health and desirability of the franchise system.
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 multiple years, as provided in the table, can reveal trends and provide a more comprehensive understanding of franchise resales within the Chesters system.