How many Chesters franchises were transferred to new owners in Florida during 2023?

According to Chesters's 2025 Franchise Disclosure Document, there was one franchise transferred to a new owner in Florida during 2023. This information is part of a larger table detailing the number of transfers of Chesters outlets from franchisees to new owners across various states.

For a prospective franchisee, this data point provides insight into the stability and desirability of Chesters franchises in Florida. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number might raise concerns about profitability or other challenges within the Florida market.

It's important to note that this transfer data only reflects changes in ownership and does not necessarily indicate the overall health or performance of Chesters franchises in Florida. Further research into outlet openings, terminations, and other operational changes, as detailed elsewhere in Item 20, would provide a more comprehensive picture.