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

According to Chesters' 2025 Franchise Disclosure Document, there were zero franchises transferred to new owners in Illinois during 2023. This information is detailed in Item 20, which covers outlets and franchisee information, including data on franchise transfers.

Franchise transfers reflect existing Chesters locations changing ownership from one franchisee to another, excluding transfers back to the franchisor. A low number of transfers could indicate franchisee satisfaction or stability within the Chesters system. Conversely, a high number might suggest challenges in profitability or franchisee support.

Prospective franchisees should consider the transfer history in their target market as part of their due diligence. Investigating the reasons behind past transfers can provide valuable insights into the potential risks and opportunities associated with owning a Chesters franchise in a specific area. It is also important to note that this data does not include store closures or non-renewals, which are separate factors to consider when evaluating the health of the Chesters franchise system.