How many franchised Chesters outlets were operating at the start of 2023?
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, there were 1,081 franchised outlets operating at the start of 2023. This information is based on the systemwide outlet summary provided in Item 20, which details the number of franchised, company-owned, and total outlets at the start and end of each year from 2022 to 2024, as well as the net change in outlets during each year.
For a prospective franchisee, this indicates the size and trend of the Chesters franchise system. The number of outlets at the start of 2023 provides a baseline for understanding the brand's presence and market penetration at that time. It's important to note that while there were 1,081 franchised Chesters outlets at the beginning of 2023, the number decreased to 1,002 by the end of the year, representing a net decrease of 79 outlets.
This decrease could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements. A prospective franchisee should investigate further to understand the reasons behind this decrease and assess whether it reflects any underlying issues within the Chesters franchise system. Analyzing the trends in outlet numbers over multiple years, as presented in the table, can provide a more comprehensive understanding of the franchise's growth and stability.