What was the net change in the number of Chesters outlets in Nevada between the start of 2022 and 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 |
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 Nevada increased by one between the start of 2022 and the end of 2024. At the start of 2022, there were two Chesters outlets. By the end of 2024, the number of outlets was three.
Over this period, Chesters's Nevada locations experienced some fluctuation. One new Chesters location opened in Nevada during 2022, bringing the total to three at the end of that year. In 2023, one additional location opened, increasing the total to four. However, in 2024, one location ceased operations for unspecified reasons, reducing the total back to three.
For a prospective franchisee, this data indicates modest growth in Nevada for Chesters, but also highlights the risk of closures. While new locations have opened, closures can offset gains. A potential franchisee should investigate the reasons for the closure in 2024 to better understand the market dynamics in Nevada and assess the risks and opportunities in that state.