Did any employee or person speaking for Chatime Franchise, LLC make statements about the costs of operating a Chatime franchise that were not in the Franchise Disclosure Document or that differed from the information in the document?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| visual location ( ) | Except as stated in Item 19 of the Franchise Disclosure Document, did any employee or other person speaking on behalf of Chatime Franchise, LLC make any oral, written, or claim, statement, promise, or representation to you that stated, suggested, predicted, or projected sales, revenues, expenses, earnings, income, or profit levels at any Chatime or business, or the likelihood of success at your franchised business? Check one: Yes( ) No. If yes, please state in detail the oral, written or visual claim or representation: |
|---|---|
| Check | Did any employee or other person speaking on behalf of Chatime Franchise, LLC make |
| any statement or promise regarding the costs involved in operating a franchise that is not | |
| contained in the Franchise Disclosure Document or that is contrary to, or different from, | |
| the information contained in the Franchise Disclosure Document? | |
| one: | |
| ( | |
| ) | |
| Yes | |
| ( | |
| ) | |
| No. | |
| If | |
| yes, | |
| please | |
| comment: |
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to the 2025 Chatime Franchise Disclosure Document, prospective franchisees are asked to confirm whether any employee or representative of Chatime Franchise, LLC made statements or promises regarding the costs of operating a franchise that were not included in the Franchise Disclosure Document or that differed from the information provided in it. This inquiry is part of a broader effort to ensure transparency and accuracy in the franchise sales process. The franchisee is required to check either "Yes" or "No" to indicate whether such statements were made, and if "Yes", to provide details. This acknowledgement is requested in Item 23, Receipts.
This requirement serves to protect both the franchisee and Chatime. By documenting any such statements, Chatime can address any unauthorized claims made by its representatives. Simultaneously, it allows the franchisee to identify any discrepancies between what they were told and what is officially disclosed in the FDD, which is a legally binding document. This process helps to ensure that the franchisee is making an informed decision based on accurate and consistent information.
It is a common practice in franchising to include such acknowledgements to mitigate risks associated with verbal or undocumented claims. Franchise agreements typically stipulate that only information contained within the FDD and the franchise agreement itself are binding. Therefore, any promises or representations made outside of these documents may not be enforceable. Prospective Chatime franchisees should carefully review this section and provide accurate responses, as it can have significant legal and financial implications for their investment.