How many Chesters franchises were transferred to new owners in Wyoming during 2023?
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 zero franchise transfers to new owners in Wyoming during 2023. The provided table, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024," details the number of franchise transfers across various states.
For a prospective franchisee, this data indicates the stability and desirability of Chesters franchises in Wyoming. A low number of transfers could mean that existing franchisees are satisfied with their businesses and are not looking to sell. However, it could also mean that there is a limited market for buying and selling franchises in that state.
It's important to note that this table only reflects transfers to new owners and does not include instances where the franchisor reacquired the outlet. A potential franchisee should consider this information in conjunction with other data in the FDD, such as the number of terminations, non-renewals, and ceased operations, to get a comprehensive understanding of franchise turnover within the Chesters system.