When are Chatime's initial franchise fees collectible?

According to Chatime's 2025 Franchise Disclosure Document, the New Outlet Fee is due upon signing the Franchise Agreement. This means that a prospective franchisee must pay the full New Outlet Fee at the time they formally agree to the terms of the franchise.

For a prospective Chatime franchisee, this requirement means that they need to have the funds for the New Outlet Fee readily available when they are ready to sign the agreement. This is a standard practice in franchising, as the initial fee compensates the franchisor for granting the franchise rights and providing initial support.

It is important for potential Chatime franchisees to factor this immediate payment requirement into their financial planning. They should also understand that this fee is typically non-refundable, so they should conduct thorough due diligence before signing the agreement and committing to the franchise.