How many Chesters franchises were transferred to new owners in Michigan during 2022?

According to Chesters's 2025 Franchise Disclosure Document, there was one franchise transfer to a new owner in Michigan during 2022. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor. The table provides a state-by-state breakdown of these transfers for the years 2022 through 2024.

For a prospective Chesters franchisee, this data point offers some insight into the stability and desirability of existing franchise locations. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number might suggest underlying issues that are causing franchisees to exit.

However, it's important to consider this data in context. One transfer in a single year doesn't necessarily indicate a trend or a problem. It could be due to a variety of factors, such as a franchisee's retirement, health issues, or other personal circumstances. A prospective franchisee should investigate further to understand the reasons behind any transfers in their target market and assess whether those reasons could impact their own potential business.