What was the net change in the number of Chesters outlets in Arkansas from the start of 2022 to 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 | 2022 | 10 | 1 |
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 number of Chesters outlets in Arkansas experienced a net increase of 13 locations between the start of 2022 and the end of 2024. At the beginning of 2022, there were 119 Chesters outlets in Arkansas. By the end of 2024, this number had risen to 132.
Over the course of these three years, Chesters outlets in Arkansas saw varying levels of activity. In 2022, 16 new outlets opened, while 1 non-renewal and 3 ceased operations for other reasons, resulting in a net increase of 12 outlets and ending the year with 131 locations. The following year, 2023, saw 11 new openings, but also 1 termination, 5 non-renewals, and 1 cessation of operations, leading to a smaller net increase of 4 outlets, bringing the total to 135. In 2024, 6 new outlets were opened, but there were also 5 non-renewals and 4 cessations of operations, resulting in a net decrease of 3 outlets, bringing the total down to 132.
For a prospective Chesters franchisee, this data indicates a generally positive, but fluctuating, trend in the Arkansas market. While there has been overall growth in the number of outlets, the instances of non-renewals and ceased operations suggest potential challenges in maintaining successful franchise locations. A franchisee should investigate the reasons behind these closures and non-renewals to better understand the market dynamics and potential risks in Arkansas. This includes evaluating factors such as location performance, local economic conditions, and franchisee support provided by Chesters.