How many Chesters franchises were transferred to new owners in Florida during 2022?

According to Chesters's 2025 Franchise Disclosure Document, there were zero franchise transfers to new owners in Florida during 2022. This information is detailed in Table No. 2, which specifically tracks the transfers of outlets from franchisees to new owners, excluding transfers back to Chesters itself. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.

For a prospective franchisee, this data indicates the stability of Chesters franchises in Florida. A low number of transfers could suggest that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also mean that there is a limited market for resales, which might make it harder to exit the business if desired.

It's important to note that this table only accounts for transfers to new owners and does not include instances where the franchise was terminated, not renewed, or reacquired by Chesters. For a comprehensive understanding of franchise turnover, a prospective franchisee should also review the data on terminations, non-renewals, and other forms of ceased operations, which are presented elsewhere in Item 20 of the FDD.