factual

What are the consequences if a Chesters franchisee fails to meet the de-branding obligations after the franchise agreement expires or is terminated?

Chesters Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of fee* Amount Due Date Remarks
Indemnification Will vary under circumstances As incurred You must reimburse us if we are held liable for claims from your Restaurant's operation or incur costs in defending them.
Liquidated Brand $10,000 As incurred Due if you or your owners violate non-competition restrictions described in Items 17(q) and (r).
Damages
De-Branding Fee $10,000 As incurred Payment is due by credit card or automatic debit Due if you do not comply with payment and Restaurant-specific physical de-branding obligations within 14 business days after Agreement expires or is terminated.

Source: Item 6 — OTHER FEES (FDD pages 14–16)

What This Means (2025 FDD)

According to Chesters's 2025 Franchise Disclosure Document, a franchisee will be charged a de-branding fee if they do not comply with the payment and restaurant-specific physical de-branding obligations within 14 business days after the franchise agreement expires or is terminated.

The de-branding fee is $10,000. This fee is due as incurred and must be paid via credit card or automatic debit.

This means that upon termination or expiration of the franchise agreement, a franchisee must ensure all branding is removed from the restaurant within the specified timeframe to avoid incurring this significant fee. This includes not only physical de-branding but also ensuring all payments are up to date. The fee is uniformly imposed, as noted in Item 6.

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.