How many Chatime franchises were sold in 2024?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Franchises sold | 6 | 1 |
| Franchises purchased | - | - |
| Franchised outlets in operation | 1 | - |
| Corporate outlets in operation | 3 | _ |
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the company sold 6 franchises in 2024. This is a notable increase compared to 2023, during which only 1 franchise was sold. This data point indicates a significant growth in franchise sales year-over-year.
In addition to franchise sales, the FDD also provides data on other aspects of the franchise system's growth and operation. In 2024, Chatime reported having 1 franchised outlet in operation, whereas there were none in 2023. The number of corporate outlets in operation was 3 in 2024, with no data provided for 2023.
Prospective franchisees should consider this sales data in the context of Chatime's overall financial performance and growth strategy. While an increase in franchise sales is generally positive, it's important to evaluate the long-term sustainability and support systems in place for these new franchisees. Further research into franchisee satisfaction and the performance of existing outlets would provide a more comprehensive understanding of the franchise opportunity.