How many Chesters outlets in Oklahoma ceased operations for other reasons in 2022?
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 |
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 5 Chesters outlets in Oklahoma that ceased operations for 'other reasons' during 2022. At the start of 2022, there were 24 Chesters outlets in Oklahoma. During 2022, 2 new Chesters outlets opened. After accounting for closures, Chesters ended 2022 with 21 outlets in Oklahoma.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Chesters franchises in Oklahoma. 'Ceased Operations - Other Reasons' can include a variety of factors such as poor performance, failure to meet brand standards, or other unforeseen circumstances.
Prospective franchisees should investigate the reasons behind these closures to better understand the risks and opportunities associated with opening a Chesters franchise in Oklahoma. Understanding why outlets close can help franchisees avoid similar pitfalls and make informed decisions about location, management, and financial planning.