table_specific

How many Chesters franchises were transferred to new owners in Wisconsin 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' 2025 Franchise Disclosure Document, there were zero franchises transferred to new owners in Wisconsin during 2023.

This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing Chesters franchises in Wisconsin. A high number of transfers might indicate franchisees are eager to sell, potentially due to unprofitability or other issues. Conversely, a low number, as in this case, could suggest that franchisees are generally satisfied with their investment and business operation.

It is important to note that this data only reflects transfers to new owners and does not account for closures, non-renewals, or terminations, which are detailed separately in the FDD. Reviewing these figures in conjunction with transfer data provides a more comprehensive understanding of franchise turnover within the Chesters system. Prospective franchisees should also consider the reasons behind any transfers or closures by speaking with current and former franchisees, as permitted by Chesters.

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.