In 2023, how many Chicken Guy outlets ceased operations in Tennessee due to terminations?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outle | ||||||||
|---|---|---|---|---|---|---|---|---|
| ts at | Outlets | Non- | Reacquired by | Ceased Operations | Outlets at | |||
| State | Year | Start of Year | Opened | Terminations | Renewals | Franchisor | Other Reasons | End of the Year |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| TN | 2023 | 2 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–50)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, in 2023, one Chicken Guy outlet in Tennessee ceased operations due to a termination. At the start of 2023, there were two Chicken Guy outlets operating in Tennessee. During 2023, one termination occurred, leaving one outlet at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Chicken Guy franchise in Tennessee. A termination could indicate issues with the franchisee's performance, compliance with the franchise agreement, or other factors affecting the viability of the business.
It is important to note that this data only reflects terminations and does not account for other reasons an outlet might cease operations, such as non-renewal of the franchise agreement, transfer to a new owner, or closure for other reasons. Reviewing this data over several years, as presented in the table, can provide a more comprehensive understanding of the factors affecting franchise operations in specific states.