Where can I find the anticipated 'Opening Date' for a Chatime outlet?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
- (44) Opening Date means the date of opening of the Outlet which is anticipated to be the date specified in Section 11 of Schedule 1.
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to the 2025 Chatime Franchise Disclosure Document, the 'Opening Date' of a Chatime outlet, which is the date the outlet is expected to open, is specified in Section 11 of Schedule 1. This means that as a prospective franchisee, you should refer to this specific section within the franchise agreement to find the anticipated opening date for your Chatime store.
Schedule 1 likely contains detailed information relevant to your specific franchise agreement, including timelines and milestones. Section 11 of Schedule 1 may include specific dates or a formula for determining the opening date based on certain conditions being met, such as leasehold improvements or training completion.
It is important to carefully review Section 11 of Schedule 1 and understand all factors that could influence the actual opening date. Delays in construction, permitting, or training could all potentially impact the anticipated opening date, so understanding the terms outlined in this section is crucial for planning and financial forecasting.