How many Chesters franchises were transferred to new owners in Kentucky during 2022?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
994 | -8 |
Table No. 2
Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 20 |
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 Kentucky during 2022.
This information is detailed in Table No. 2, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024." This table provides a state-by-state breakdown of the number of franchise transfers that occurred each year. For prospective franchisees, this data is valuable in assessing the stability and desirability of Chesters franchises in specific geographic areas. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest stability.
Specifically, the table indicates that in Kentucky, there were zero transfers in 2022, one transfer in 2023, and zero transfers again in 2024. This suggests that while transfers are infrequent in Kentucky, they do occasionally occur. A potential franchisee might want to investigate the reasons behind the single transfer in 2023 to better understand the local market dynamics and any potential challenges or opportunities.
It is important to note that this table only accounts for transfers to new owners other than the franchisor. If Chesters reacquired any franchises in Kentucky during this period, those transactions would not be reflected in this table. For a comprehensive understanding, a prospective franchisee should also consider the data on outlet terminations, non-renewals, and re acquisitions by the franchisor, which are presented in other tables within Item 20 of the FDD.