How many Chesters franchises were transferred to new owners in Georgia during 2024?
Chesters Franchise · 2025 FDDAnswer 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 were 2 transfers of Chesters franchises to new owners in the state of Georgia during 2024. This information is captured in Table No. 2, which details the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.
For a prospective franchisee, this data indicates the level of activity in the resale market for Chesters franchises within Georgia. A higher number of transfers could suggest a more liquid market, where it may be easier to sell their franchise if they choose to exit the system. Conversely, a low number might indicate fewer opportunities to transfer.
It is important to note that this table does not include transfers back to Chesters itself. A prospective franchisee should investigate the reasons behind these transfers, such as franchisee retirement, underperformance, or strategic decisions, to gain a better understanding of the health and stability of Chesters franchises in Georgia.