Does the Chatime definition of 'Business Hours' consider the terms of the lease agreement?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) Business Hours means the hours of operation of each Outlet pursuant to any Legal Requirements and/or the terms of any lease or other document conferring a right to occupy the premises at which an Outlet is located.
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the definition of 'Business Hours' does take into account the lease agreement. Specifically, the hours of operation for each Chatime outlet are determined by any legal requirements and/or the terms outlined in the lease or any other document that grants the right to occupy the premises.
This means that a prospective Chatime franchisee must operate their outlet within the hours stipulated by both local laws and the lease agreement for their specific location. The franchisee does not have complete autonomy over the store's operating hours.
This definition ensures that Chatime franchisees comply with all relevant regulations and contractual obligations related to their location. It is important for potential franchisees to carefully review the terms of their lease agreement to understand any restrictions or requirements regarding operating hours, as these will directly impact their ability to conduct business.