How many Chesters franchises were transferred to new owners in Nebraska during 2023?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Nebraska | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters' 2025 Franchise Disclosure Document, there were zero franchises transferred to new owners in Nebraska during 2023. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers involving the franchisor.
This data point is relevant for prospective franchisees as it provides insight into the stability and desirability of Chesters franchises in Nebraska. A low number of transfers could indicate franchisee satisfaction or a limited market for resales. Conversely, a high number might suggest challenges in operating Chesters franchises in that particular state.
It's important to note that this table only accounts for transfers to new owners and does not include instances where the franchisor reacquired the outlet. Reviewing transfer rates over multiple years, as presented in the table (2022-2024), can offer a more comprehensive understanding of franchise ownership trends within the Chesters system. This information, combined with data on terminations and non-renewals, can help potential franchisees assess the overall health and turnover of Chesters franchises in specific geographic areas.