comparative

What was the lowest net sales figure reported for a Chatime location in 2024?

Chatime Franchise · 2025 FDD

Answer from 2025 FDD Document

certified public accountant has independently audited or verified the information.

Net Sales - 2024
Location 1 $ 793,037
Location 2 $ 476,60

Source: Item 19 — Financial Performance Representations (FDD pages 52–53)

What This Means (2025 FDD)

According to Chatime's 2025 Franchise Disclosure Document, the lowest net sales figure reported for a Chatime location in 2024 was $125,407. This data is based on the performance of five Chatime franchise locations operating within the United States that had been open for more than 12 months as of December 31, 2024.

It's important to note that Chatime obtained this net sales information from store point-of-sale (POS) reports and other materials submitted by the retail locations and franchisees. Neither Chatime, its affiliates, nor an independent certified public accountant has independently audited or verified this information. Net sales include all revenue from the sale of products and sources originating from the Chatime store, including online sales fulfilled from the location. This encompasses transactions made via cash, check, or credit, minus customer refunds, staff tips, and sales taxes collected from customers and remitted to the appropriate taxing authorities.

Prospective franchisees should understand that these figures represent historical performance and are not a guarantee of future results. Factors such as location, market conditions, and management skills can significantly impact a store's financial performance. Chatime explicitly states that they do not make any other financial performance representations beyond what is included in Item 19 of the FDD, and franchisees should report any unauthorized financial performance information to Chatime's management, the Federal Trade Commission, and relevant state regulatory agencies.

Given that the provided data only covers five locations, potential franchisees may want to inquire about the performance of a larger sample of stores to gain a more comprehensive understanding of potential earnings. Reviewing the performance of existing locations and conducting thorough market research are crucial steps in evaluating the potential success of a Chatime franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.