Is there a requirement for franchisee owners to sign a guarantee of performance for a Chesters franchise?

According to Chesters's 2025 Franchise Disclosure Document, franchisee owners are not required to sign a guarantee of performance. However, the document states that while principal owners do not necessarily need to participate in the restaurant's daily operations, if they choose not to, a manager must be employed to oversee these operations. This manager is required to dedicate sufficient time and effort to supervise and manage the restaurant effectively.

Furthermore, both the manager and other restaurant employees are mandated to attend and successfully complete Chesters's initial brand standard training program to become certified. While these managers and employees are not required to have an equity interest in the restaurant, they must agree in writing to protect any confidential information they access during their employment.

This policy provides flexibility for Chesters franchisees, allowing them to choose whether to be directly involved in the daily operations or to delegate those responsibilities to a qualified manager. The emphasis on training and confidentiality agreements ensures that regardless of the ownership's level of involvement, the restaurant maintains Chesters's brand standards and protects sensitive business information.