table_specific

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

Chesters Franchise · 2025 FDD

Answer from 2025 FDD Document

2022 to 2024

State Year Number of Transfers
Alabama 2022 0
2023 1
2024

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 was one franchise transferred to a new owner in Georgia during 2023. 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 to 2024.

For a prospective franchisee, this data point offers insight into the stability and desirability of Chesters franchises in Georgia. 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 Georgia market.

It's important to note that this transfer data only reflects changes in ownership and does not provide information on why these transfers occurred. Potential franchisees should investigate further to understand the reasons behind any transfers in their target area. They should also consider this data in conjunction with other performance metrics, such as outlet openings, terminations, and non-renewals, to gain a comprehensive view of the franchise system's health in Georgia.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.