What was the net change in the number of franchised Chesters restaurants 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, the net change in the number of franchised Chesters restaurants in 2023 was a decrease of 79 locations. At the beginning of 2023, there were 1,081 franchised outlets, which decreased to 1,002 by the end of the year. This substantial decrease in franchised locations may be a point of concern for potential franchisees.
It is important to note that this net change reflects the overall difference between openings and closures of franchised Chesters restaurants during that year. This number does not differentiate between types of closures, such as terminations, non-renewals, or other reasons for ceasing operations.
A prospective franchisee should inquire about the reasons for this decrease and whether Chesters has strategies in place to improve franchisee retention and growth. Understanding the factors contributing to outlet closures can help a potential franchisee assess the stability and support provided by the Chesters franchise system.