What is the purpose of including the city information for Chesters franchisees in this table?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit E lists all CHESTER'S Restaurant franchisees and the addresses and telephone numbers of their Restaurants (or prospective Restaurants noted with an asterisk) as of December 31, 2024. Exhibit E also lists the names, city and state, and current business telephone numbers (or, if unknown, the last known home telephone numbers) of the CHESTER'S Restaurant franchisees who had outlets terminated, cancelled, or not renewed or otherwise voluntarily or involuntarily ceased to do business under our Agreement from January 1, 2024 to December 31, 2024. There are no franchisees who have not communicated with us within 10 weeks of this disclosure document's issuance date. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
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 city information, along with other details like the franchisee's name, address, and phone number, is included to provide prospective franchisees with contact information for existing and former franchisees. This allows potential franchisees to conduct their own due diligence by speaking with current and former Chesters operators about their experiences.
The inclusion of city information helps a prospective Chesters franchisee identify and potentially visit existing locations. This can be valuable for observing operations, assessing market conditions, and understanding the brand's presence in different geographic areas. It also allows potential franchisees to connect with franchisees in similar markets or regions for more relevant insights.
Furthermore, the FDD also lists franchisees who have left the Chesters system, including their last known contact information. The city and state information helps potential franchisees understand where these former operators were located, which could be useful in assessing the reasons for their departure and the challenges or opportunities in those specific markets. This transparency is intended to help potential franchisees make informed decisions about investing in a Chesters franchise.