What is the total number of Chesters agreements signed but restaurants not yet open across all states?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Agreements Signed But Restaurants Not Open | Projected New Franchised Restaurants in the Next Fiscal Year | Projected New Company- Owned Restaurants in the Next Fiscal Year |
|---|---|---|---|
| Massachusetts | 1 | 2 | 0 |
| Michigan | 2 | 7 | 0 |
| Minnesota | 0 | 4 | 0 |
| Mississippi | 3 | 12 | 0 |
| Missouri | 7 | 12 | 0 |
| Nebraska | 0 | 2 | 0 |
| New York | 1 | 5 | 0 |
| New Hampshire | 0 | 1 | 0 |
| New Jersey | 0 | 1 | 0 |
| New Mexico | 0 | 1 | 0 |
| North Carolina | 1 | 4 | 0 |
| North Dakota | 0 | 2 | 0 |
| Ohio | 1 | 3 | 0 |
| Oklahoma | 1 | 6 | 0 |
| Oregon | 0 | 7 | 0 |
| Pennsylvania | 0 | 1 | 0 |
| South Carolina | 0 | 2 | 0 |
| South Dakota | 0 | 1 | 0 |
| Tennessee | 4 | 12 | 0 |
| Texas | 1 | 10 | 0 |
| Utah | 1 | 1 | 0 |
| Vermont | 0 | 1 | 0 |
| Virginia | 1 | 2 | 0 |
| Washington | 1 | 7 | 0 |
| West Virginia | 0 | 1 | 0 |
| Wisconsin | 0 | 5 | 0 |
| Wyoming | 0 | 1 | 0 |
| Totals | 48 | 182 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters' 2025 Franchise Disclosure Document, as of December 31, 2024, there were a total of 48 franchise agreements signed for Chesters restaurants that were not yet open across all states. This indicates the number of franchisees who have committed to opening a Chesters restaurant but have not yet commenced operations.
This figure provides insight into the brand's growth pipeline. It shows the level of commitment from new franchisees and the potential for future expansion. A high number could indicate strong interest in the Chesters franchise, but it's also important to consider the reasons why these locations are not yet open, which could range from site selection and construction delays to financing issues.
For a prospective franchisee, this information is valuable in assessing the current momentum of the Chesters franchise system. It is also useful to compare this number with the projected new franchised restaurants in the next fiscal year, which is 182, to understand the franchisor's expectations for growth and the potential support and resources they are prepared to offer to new franchisees.