How many Chesters outlets were reacquired by the franchisor in 2023?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 1076 | 1081 | 5 |
| 2023 | 1081 | 1002 | -79 | |
| 2024 | 1002 | 994 | -8 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 1076 | 1081 | 5 |
| 2023 | 1081 | 1002 | -79 | |
| 2024 | 1002 | 994 | -8 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, a table provides data on the status of franchised outlets from 2022 to 2024. However, the table does not specifically list the number of outlets reacquired by the franchisor. Instead, it shows the total number of franchised outlets at the start and end of each year, along with the net change.
In 2023, Chesters had 1,081 franchised outlets at the start of the year and 1,002 at the end, resulting in a net decrease of 79 outlets. This net change includes all terminations, cancellations, non-renewals, and any reacquired outlets. The FDD does not break down this number to show specifically how many Chesters locations were reacquired by the franchisor during that year.
A prospective franchisee should ask Chesters for a detailed breakdown of the 79 outlet decrease in 2023. Specifically, they should inquire about the number of reacquired locations versus closures, terminations, and non-renewals to understand the reasons for outlet changes.