How many Chesters franchises were transferred to new owners in New York during 2024?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 |
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 New York during 2024.
Table No. 2 provides data on the transfers of Chesters outlets from existing franchisees to new owners, excluding transfers to the franchisor itself. This table offers a year-by-year breakdown for each state where Chesters operates. Reviewing this data can help potential franchisees understand the stability and resale activity within the Chesters system across different geographic areas.
For a prospective Chesters franchisee, this information is valuable in assessing the health of existing franchises and the potential for future resale opportunities. A high number of transfers might indicate a vibrant market for existing Chesters businesses, while a low number could suggest stability or a lack of resale demand. It's important to consider these figures in conjunction with other data, such as outlet openings and closures, to gain a comprehensive understanding of the franchise system's dynamics.