How many company-owned Chesters outlets were operating at the end of 2024?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 1076 | 1081 | 5 |
| 2023 | 1081 | 1002 | -79 | |
| 2024 | 1002 | 994 | -8 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 1076 | 1081 | 5 |
| 2023 | 1081 | 1002 | -79 | |
| 2024 | 1002 | 994 | -8 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, at the end of 2024, Chesters had zero company-owned outlets. The provided table, titled "Systemwide Outlet Summary," details the status of both franchised and company-owned Chesters outlets from 2022 to 2024. This information is crucial for potential franchisees to understand the operational structure of Chesters.
Specifically, the table shows that for the years 2022, 2023, and 2024, the number of company-owned Chesters outlets remained at zero. There were no company-owned restaurants opened or closed during this period. This indicates that Chesters primarily focuses on a franchise-based business model rather than operating company-owned locations.
For a prospective franchisee, this information suggests that Chesters's growth and presence in the market are heavily reliant on its franchisees. This may imply that Chesters's support and resources are geared towards assisting franchisees in establishing and running their businesses successfully. It also means that the franchisee will not be competing with company-owned stores in their territory, which is often seen as a benefit in franchising.