How many Chesters franchises were transferred to new owners in Illinois during 2024?

According to Chesters's 2025 Franchise Disclosure Document, there was one franchise transfer to a new owner in Illinois during 2024. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers involving Chesters itself. The table provides a state-by-state breakdown of these transfers over the past three years.

For a prospective franchisee, this data point offers insight into the resale market for Chesters franchises in Illinois. A low number of transfers could indicate limited opportunities to acquire an existing franchise, or it could suggest that franchisees are generally satisfied with their businesses and choose not to sell. Conversely, a higher number might signal a more active market but could also raise questions about why franchisees are choosing to exit.

It's important to note that this transfer data does not include instances where Chesters reacquired a franchise. The table specifically excludes these transactions to provide a clearer picture of franchisee-to-franchisee transfers. A potential franchisee should consider this information in conjunction with other data, such as the number of terminations and non-renewals, to gain a comprehensive understanding of franchise turnover within the Chesters system.