What was the total number of Chesters non-renewals across all states in 2023?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| Tennessee | 2022 | 37 | 5 | 0 | 0 | 0 | 4 | 38 |
| 2023 | 38 | 6 | 0 | 9 | 0 | 6 | 29 | |
| 2024 | 29 | 5 | 0 | 2 | 0 | 1 | 31 | |
| Texas | 2022 | 61 | 7 | 0 | 0 | 0 | 3 | 65 |
| 2023 | 65 | 2 | 0 | 1 | 0 | 4 | 62 | |
| 2024 | 62 | 7 | 0 | 0 | 0 | 3 | 66 | |
| Utah | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Vermont | 2022 | 2 | 0 | 0 | 1 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |
| Virginia | 2022 | 10 | 2 | 0 | 1 | 0 | 0 | 11 |
| 2023 | 11 | 1 | 0 | 0 | 0 | 1 | 11 | |
| 2024 | 11 | 0 | 0 | 0 | 0 | 1 | 10 | |
| Washington | 2022 | 24 | 5 | 0 | 1 | 0 | 3 | 25 |
| 2023 | 25 | 3 | 0 | 0 | 0 | 0 | 28 | |
| 2024 | 28 | 8 | 0 | 1 | 0 | 3 | 32 | |
| West Virginia | 2022 | 11 | 0 | 0 | 3 | 0 | 0 | 8 |
| 2023 | 8 | 0 | 0 | 1 | 0 | 0 | 7 | |
| 2024 | 7 | 1 | 1 | 0 | 0 | 0 | 7 | |
| Wisconsin | 2022 | 41 | 4 | 0 | 0 | 0 | 2 | 43 |
| 2023 | 43 | 3 | 0 | 5 | 0 | 6 | 35 | |
| 2024 | 35 | 2 | 0 | 1 | 0 | 2 | 34 | |
| Wyoming | 2022 | 9 | 1 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 0 | 0 | 1 | 0 | 1 | 8 | |
| Puerto Rico | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Total | 2022 | 1,076 | 105 | 0 | 17 | 0 | 83 | 1,081 |
| 2023 | 1,081 | 69 | 9 | 70 | 0 | 69 | 1,002 | |
| 2024 | 1,002 | 100 | 6 | 44 | 0 | 59 | 993 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–48)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, there were a total of 70 non-renewals across all states in 2023. This figure is derived from the system-wide outlet summary, which provides a detailed breakdown of outlet activity over the past three years. This information is crucial for potential franchisees as it offers insight into the stability and health of the Chesters franchise system. Non-renewal of a franchise agreement can occur for various reasons, including the franchisee's decision not to continue, failure to meet performance standards, or changes in the franchisee's personal or business circumstances.
For a prospective Chesters franchisee, understanding the rate of non-renewals is essential for assessing the risks and opportunities associated with investing in the franchise. A high number of non-renewals could indicate underlying issues within the franchise system, such as lack of support from the franchisor, poor profitability, or disputes between the franchisor and franchisees. Conversely, a low number of non-renewals suggests that franchisees are generally satisfied with their investment and the ongoing relationship with Chesters.
It is important to note that the non-renewal rate is just one factor to consider when evaluating a franchise opportunity. Potential franchisees should also examine other key metrics, such as the number of terminations, transfers, and closures, as well as the overall financial performance of the franchise system. Additionally, speaking with current and former Chesters franchisees can provide valuable insights into the day-to-day realities of operating a franchise and the level of support provided by the franchisor.
By carefully analyzing all available information and conducting thorough due diligence, prospective franchisees can make informed decisions about whether to invest in a Chesters franchise and increase their chances of success.