In the context of assigning a Chatime franchise to a company, what is required of the assignee's proposed manager?

According to Chatime's 2025 Franchise Disclosure Document, if a franchisee seeks to assign their franchise to a company, the assignee's proposed manager must be approved by Chatime and successfully complete Chatime's required training program. This requirement ensures that the individual responsible for the daily operations of the Chatime franchise meets the brand's standards and is adequately prepared to manage the business.

This stipulation is in place to maintain consistency and quality across all Chatime franchise locations. By requiring the proposed manager to undergo training, Chatime aims to ensure that the manager is well-versed in the brand's operational procedures, customer service standards, and other essential aspects of running the business. This can help to protect the brand's reputation and ensure that customers receive a consistent experience at all locations.

For a prospective franchisee, this means that if they plan to sell their franchise to a company, they need to ensure that the proposed manager is not only capable but also willing to undergo Chatime's training program. The approval process and training requirement could potentially delay or complicate the assignment process if the proposed manager is not readily available or does not meet Chatime's standards. It is important for franchisees to communicate these requirements to potential assignees early in the sale process to avoid any surprises or delays.