How many Chesters franchises were transferred to new owners in Maine during 2023?
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 was one franchise transfer in Maine during 2023. This means that one existing Chesters location in Maine was sold to a new franchisee during that year.
For a prospective franchisee, this indicates the level of activity in the resale market for Chesters franchises in Maine. A low number of transfers could suggest that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a higher number might indicate a more active market with opportunities to acquire existing, operating locations.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchisor reacquired the outlet. Reviewing transfer data over several years can provide a more comprehensive understanding of the stability and desirability of Chesters franchises in specific regions.