How many Chesters franchises were transferred to new owners in Maine during 2022?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 202 |
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 Maine during 2022. The FDD provides a table that lists the number of franchise transfers by state and year.
Specifically, the table titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024" indicates that the number of transfers in Maine during 2022 was 0. This means that no existing Chesters franchises in Maine were sold to new franchisees during that year.
This information is relevant for prospective franchisees as it provides insight into the stability and turnover of Chesters franchises in specific geographic areas. A high number of transfers could indicate potential issues with franchise profitability or franchisee satisfaction, while a low number, as in this case, might suggest a more stable franchise network in Maine.