table_specific

How many Chesters franchises were transferred to new owners in Tennessee during 2023?

Chesters Franchise · 2025 FDD

Answer 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 was one franchise transferred to a new owner in Tennessee during 2023. This information is part of a larger table detailing franchise transfers across various states and years. The table specifically tracks transfers of outlets from existing franchisees to new owners, excluding transfers involving Chesters itself.

This data point is relevant for prospective franchisees as it provides insight into the stability and desirability of Chesters franchises in Tennessee. A low number of transfers could indicate franchisee satisfaction or limited opportunities for resale. Conversely, a high number might suggest challenges in the market or with the franchise operations themselves.

It's important to note that this transfer data only reflects complete changes in ownership. It does not account for partial ownership changes, internal transfers within existing franchisee organizations, or closures. Reviewing transfer trends over multiple years, as presented in the table, can offer a more comprehensive understanding of franchise transitions within the Chesters system. A prospective franchisee should also consider this information in conjunction with other data, such as outlet openings, terminations, and non-renewals, to assess the overall health and movement of the Chesters franchise network in Tennessee.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.