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What was the total number of Chesters outlets opened in Michigan during 2022?

Chesters Franchise · 2025 FDD

Answer from 2025 FDD Document

rs 2022 to 2024

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
Alabama 2022 19 2 0 0 0 2 19
2023

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 4 Chesters outlets opened in Michigan during 2022. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, non-renewed, reacquired, or ceased operations for each state over the past three years. This information is crucial for potential franchisees to understand the brand's growth and stability in specific regions.

Specifically, the data shows that Michigan had 33 outlets at the start of 2022, opened 4 new outlets, and experienced 2 closures due to other reasons, resulting in 35 outlets at the end of the year. Reviewing this type of data over multiple years can reveal trends in outlet performance and market saturation, which are vital considerations when evaluating a franchise opportunity.

For a prospective Chesters franchisee, this data highlights the importance of researching the specific market and understanding the factors that contribute to outlet success or failure. While new openings indicate growth, closures suggest potential challenges. It is essential to investigate the reasons behind these closures and assess whether similar risks exist in the franchisee's target location. This due diligence can help in making an informed decision about investing in a Chesters franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.