How many Chesters franchises were transferred to new owners in Arkansas during 2024?

According to Chesters's 2025 Franchise Disclosure Document, there was one franchise transferred to a new owner in Arkansas during 2024. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor. The table provides a state-by-state breakdown of these transfers for the years 2022 through 2024.

For a prospective Chesters franchisee, this data point offers insight into the resale market and the potential for transferring ownership in the future. A low number of transfers could indicate stability within the franchise system or, conversely, difficulty in finding buyers. It's important to consider the reasons behind franchise transfers, which can range from retirement to financial difficulties.

It is also worth noting that the FDD includes a list of franchisees who have left the system, as well as a list of franchisees who have signed agreements but whose outlets are not yet open. These resources, along with Exhibit E, which lists all Chesters Restaurant franchisees, can provide additional context for understanding franchise transfers and overall system health.