How many Chatime franchise transfers occurred in Maryland during 2022?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Maryland | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| 2022 | 0 | |
| All | 2023 | 0 |
| States | ||
| 2024 | 2 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 53–58)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, there were no franchise transfers in Maryland during 2022. The FDD provides data on franchise transfers from 2022 to 2024.
This information is crucial for potential franchisees as it indicates the stability and desirability of existing Chatime franchises in Maryland. A high number of transfers might suggest issues with profitability or franchisee satisfaction, while a low number, as in this case, could indicate a stable market.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Chatime. Reviewing transfer rates over multiple years can provide a more comprehensive understanding of franchise stability.