What was the total number of Chesters franchise transfers in 2022?

According to Chesters's 2025 Franchise Disclosure Document, there were a total of 7 franchise transfers in 2022. This figure represents the total number of existing Chesters franchises that were sold to new owners during that year.

Franchise transfers are a normal part of the franchise lifecycle. Transfers can occur for a variety of reasons, such as a franchisee retiring, selling their business for personal reasons, or not being able to successfully operate the business. A high number of transfers could indicate instability within the franchise system, while a low number could suggest franchisee satisfaction.

It is important to note that this number reflects only transfers to new owners and does not include instances where the franchise was reacquired by Chesters itself. Prospective franchisees should consider the transfer rate in conjunction with other factors, such as terminations and non-renewals, to get a comprehensive understanding of franchisee turnover within the Chesters system. Reviewing the reasons for these transfers, if available, can provide further insight into the health and stability of the franchise network.