Does the Chatime Franchise Disclosure Document include Exhibit A, which contains the financial statements?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit A to the Franchise Disclosure Document FINANCIAL STATEMENTS
CHATIME FRANCHISE LLC (A Limited Liability Company) FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2024 AND 2023
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
Yes, according to the 2025 Chatime Franchise Disclosure Document, Exhibit A contains the financial statements. Specifically, Exhibit A includes Chatime Franchise LLC's financial statements for the years ended December 31, 2024, and 2023.
Financial statements are a crucial part of the FDD, as they provide prospective franchisees with an overview of the franchisor's financial health. Reviewing these statements can help potential franchisees assess the stability and profitability of Chatime.
It is important for potential Chatime franchisees to carefully review these financial statements, possibly with the help of a financial advisor, to understand the financial position of the company before making any investment decisions.