How many Chatime franchise agreements have been signed in Alabama, but the outlets have not yet opened?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Agreements | New Projected | Projected New Company | |||||
|---|---|---|---|---|---|---|---|
| State | Signed but Outlets Not Opened | Franchised Outletsin the Next Fiscal Year | Owned Outletsin the Next Fiscal Year | ||||
| Alabama | 1 | 1 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 53–58)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, as of December 31, 2024, there was one franchise agreement signed in Alabama for a Chatime outlet that had not yet opened. This means that a franchisee has committed to opening a location in Alabama, but the store is not yet operational.
This information is useful for prospective franchisees as it provides a snapshot of Chatime's current expansion efforts. Knowing that there is a signed agreement for Alabama suggests that Chatime is actively looking to grow its presence in that state. It also indicates that there may be an opportunity to be among the first Chatime locations in that market.
However, it's important to note that the table only reflects the status as of December 31, 2024. The outlet could have opened since then, or there could be delays in the opening process. Prospective franchisees should inquire about the specific timeline and any potential challenges associated with opening a location in Alabama.