How many Chicken Guy franchised restaurants in Tennessee ceased operations in 2023?
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CA | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| MI | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | |
| 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| NJ | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| NV | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| PA | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | |
| 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 | |
| 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| Total | 2023 | 4 | 3 | 1 | 0 | 0 | 0 | 6 |
| 2024 | 6 | 5 | 3 | 0 | 0 | 0 | 8 |
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, one franchised restaurant in Tennessee ceased operations during 2023. The table provided in Item 20 details the status of franchised restaurants from 2022 to 2024, showing that Tennessee had two outlets at the start of 2023, and one outlet ceased operations, leaving one at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Chicken Guy franchises in specific states. A high number of closures could indicate issues with the brand's performance in that region, while a low number suggests a more stable market presence.
Prospective franchisees should investigate the reasons behind any closures. While one closure may not be alarming, understanding the circumstances can help in assessing the risks and opportunities associated with opening a Chicken Guy franchise in Tennessee or similar markets. This information, combined with other due diligence, can inform a more confident investment decision.