How many Chesters franchise transfers occurred in Pennsylvania in 2024?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 3 |
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 zero franchise transfers in Pennsylvania during 2024. This information is based on the table summarizing outlet transfers from franchisees to new owners. The table provides a state-by-state breakdown of transfer activity over the past three years.
For a prospective franchisee, a low number of transfers could be interpreted in several ways. It might suggest stability within the Chesters franchise system in Pennsylvania, indicating that franchisees are generally satisfied and not looking to sell their businesses. Alternatively, it could also reflect a limited market for resales, potentially making it more challenging to exit the franchise if desired.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was terminated, not renewed, or reacquired by Chesters. Therefore, while there were no transfers in Pennsylvania in 2024, other changes in franchise ownership may have occurred for different reasons. Reviewing the complete outlet census data provides a more comprehensive understanding of franchise activity in the state.