How many Chesters outlets were operating in New Mexico 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 8 Chesters outlets operating in New Mexico at the end of 2024. The FDD provides a detailed table outlining the number of outlets per state over a three-year period. This information is useful for potential franchisees to understand Chesters's presence and stability in specific markets.
The table also shows the changes in outlet numbers, including openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations. For New Mexico, there were 8 outlets at the start of 2024, with no additional outlets opened, and no outlets closed for any reason, resulting in 8 outlets at the end of the year.
This data can help prospective franchisees assess the growth and turnover of Chesters franchises in New Mexico and compare it to other states. It is important to consider these trends when evaluating the potential success and risks associated with investing in a Chesters franchise in that region.