What was the total value of Chesters' leasehold improvements as of December 31, 2024?

Based on the 2025 FDD, the financial statements do not explicitly state the total value of Chesters' leasehold improvements as of December 31, 2024. However, the document does provide some information regarding leasehold improvements.

Specifically, the FDD mentions that leasehold improvements are generally amortized on a straight-line basis over the shorter of the lease term or the estimated useful life of the asset. This indicates that Chesters invests in improvements to leased properties, and these investments are depreciated over time.

To determine the actual value of leasehold improvements, a prospective franchisee should review the balance sheets and related notes within the full financial statements. If the information is not present, they should ask Chesters for the specific value of leasehold improvements as of December 31, 2024, to gain a clearer understanding of the company's asset base and capital expenditures related to leased properties.