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

According to Chesters's 2025 Franchise Disclosure Document, there were no franchise transfers to new owners in Tennessee during 2022. The provided table, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor)," indicates that the number of transfers in Tennessee for 2022 was zero. This information is relevant for prospective franchisees as it provides insight into the ownership changes within the Chesters system in specific states.

Franchise transfers can be indicative of various factors, such as franchisee satisfaction, profitability, or economic conditions within a particular region. A low number of transfers might suggest stability within the franchise network, while a high number could signal potential issues. For a prospective Chesters franchisee, understanding the transfer history in their target state can inform their assessment of the local market and the overall health of the franchise system.

It's important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Chesters itself. Additionally, the table provides data for the years 2022, 2023, and 2024, allowing for a trend analysis of franchise transfers over time. Reviewing these trends can offer a more comprehensive understanding of the dynamics within the Chesters franchise system and its various locations.

Therefore, a prospective franchisee should consider the transfer data in conjunction with other information provided in the FDD, such as outlet openings, terminations, and non-renewals, to gain a holistic view of the franchise's performance and stability. Further investigation into the reasons behind any transfers, through discussions with current and former franchisees, can also provide valuable insights.