How many Chesters franchises were transferred to new owners in Illinois during 2022?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2024 | 1 | |
| California | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Georgia | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 2 | |
| Illinois | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
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 no franchise transfers to new owners in Illinois during 2022. This information is based on the table summarizing transfers of outlets from franchisees to new owners.
This data point is relevant for prospective franchisees as it provides insight into the stability and desirability of Chesters franchises in Illinois. A low number of transfers could indicate franchisee satisfaction or a lack of market interest in acquiring existing Chesters locations. Conversely, a high number might suggest potential challenges or turnover within the franchise system in that state.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Chesters itself or ceased operations for other reasons. Reviewing this transfer data in conjunction with other metrics, such as outlet openings, terminations, and non-renewals, can provide a more comprehensive understanding of the Chesters franchise network's dynamics within Illinois.