Is Chesters making any representations about a franchisee's future financial performance?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting Franchise Services, 1531 3rd Avenue North, Suite 110, Birmingham, Alabama 35203, (800) 646-9403, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD page 38)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, Chesters does not make any representations about a franchisee's future financial performance, nor does it make representations about the past financial performance of company-owned or franchised outlets. Chesters also does not authorize its employees or representatives to make any such representations, either orally or in writing.
However, if a prospective franchisee is purchasing an existing Chesters outlet, Chesters may provide the actual records of that specific outlet. The FDD cautions potential franchisees to report to Chesters's management, the Federal Trade Commission, and the appropriate state regulatory agencies if they receive any other financial performance information or projections of their future income.
This policy is typical in franchising. Franchisees should be wary of any financial projections not explicitly included in Item 19 of the FDD and should seek independent verification of any claims, especially those made verbally.