How many Chesters outlets in Maine were operating at the end of 2024?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
rs 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termination | Non- Renewal | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 19 | 2 | 0 | 0 | 0 | 2 | 19 |
| 2023 | 19 | 5 | 1 | 0 | 0 | 0 | 23 | |
| 2024 | 23 | 9 | 1 | 0 | 0 | 1 | 30 | |
| Arizona | 2 |
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 6 Chesters outlets operating in Maine at the end of 2024. This number reflects the changes in outlet counts over the past few years.
Specifically, the number of Chesters locations in Maine has fluctuated. In 2022, there were 24 outlets at the start of the year, with 2 opening, but 5 ceasing operations for other reasons, resulting in 21 outlets at the end of the year. In 2023, there were 21 outlets at the start of the year, with 2 opening, 1 termination, 4 non-renewals and 8 ceasing operations for other reasons, resulting in 10 outlets at the end of the year. In 2024, there were 10 outlets at the start of the year, with 0 openings, 1 non-renewal, and 3 ceasing operations for other reasons, resulting in 6 outlets at the end of the year.
For a prospective franchisee, this data indicates a declining presence of Chesters in Maine over the three-year period from 2022 to 2024. This trend could be due to various factors, such as market saturation, competition, or operational challenges faced by franchisees in that region. It would be prudent for a potential franchisee to investigate the reasons behind these closures and non-renewals to assess the viability of operating a Chesters franchise in Maine.