How many Chesters outlets in Mississippi were operating at the end of 2023?
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 | 2022 | 10 |
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 34 Chesters outlets operating in Mississippi at the end of 2023. At the start of 2023, there were 41 outlets. During 2023, 5 new Chesters outlets opened in Mississippi. However, there was 1 termination and 2 non-renewals. Additionally, 9 outlets ceased operations for other reasons, resulting in the year-end total of 34.
For a prospective franchisee, this data indicates the net change in the number of Chesters locations in Mississippi. Monitoring the number of closures and reasons for closures can provide valuable insights into the health and stability of the Chesters franchise in Mississippi.
It's important to note the reasons for outlet closures, whether due to termination, non-renewal, or other reasons. A high number of closures for "other reasons" could warrant further investigation to understand the underlying issues affecting Chesters franchisees in Mississippi. This information is crucial for making an informed decision about investing in a Chesters franchise.