When was Chatime Franchise LLC formed?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
Chatime Franchise LLC (the "Company") was formed on July 12, 2022, as a wholly-owned subsidiary of Chatime Global LLC (the "Member"), as a Delaware limited liability company to sell franchises pursuant to a license agreement dated September 23, 2022, between the Company's sole member, Chatime Global LLC, and its subsidiaries ("Licensee Parties") and La Kaffa International Co., Ltd. (the "Licensor"). The Licensor has 100% ownership interest in Chatime Northstar which has 50% ownership interest of the Member. Pursuant to the Company's standard franchise agreement, franchisees will operate a Chatime food service offering gourmet coffees and teas, other coffee and tea-based beverages, bubble tea, compatible food products, coffee and tea makers, and related supplies, accessories, and gifts at a specified location within a designated geographic territory.
The Company is a limited liability company and, therefore, the Member is not liable for the debts, obligations or other liabilities of the Company, whether arising in contract, tort or otherwise, unless the Member has signed a specific guarantee.
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, Chatime Franchise LLC was formed on July 12, 2022. It was established as a wholly-owned subsidiary of Chatime Global LLC, referred to as the "Member." The formation was as a Delaware limited liability company. Chatime Franchise LLC was created to sell franchises under a license agreement dated September 23, 2022. This agreement is between Chatime Global LLC and its subsidiaries, known as "Licensee Parties," and La Kaffa International Co., Ltd., the "Licensor."
This structure means that Chatime Franchise LLC is a separate legal entity from its parent company, Chatime Global LLC. As a limited liability company, Chatime Global LLC, as the member, is generally not liable for the debts, obligations, or other liabilities of Chatime Franchise LLC unless Chatime Global LLC has signed a specific guarantee. This arrangement provides a layer of legal and financial protection to the parent company.
Under Chatime's standard franchise agreement, franchisees will operate a Chatime food service. This includes offering gourmet coffees and teas, other coffee and tea-based beverages, bubble tea, compatible food products, coffee and tea makers, and related supplies, accessories, and gifts. These operations will take place at a specific location within a designated geographic territory.