How many Chatime outlets ceased operations for other reasons in Ohio during 2022?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
2 | 0 | | | 2023 | 0 | | | 2024 | 2 | | All States | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | State | Yea r | Outlets at Start or the Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operation s – Other Reasons | Outlet s at End of the Year | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 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, one Chatime outlet in Ohio ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2022. This is based on the provided table outlining the status of franchise outlets from 2022 to 2024.
This information is relevant for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Chatime franchise in Ohio. Understanding the reasons why an outlet may cease operations, aside from the typical causes, can help a franchisee assess the market conditions and potential challenges in that specific location.
It's important to note that 'ceased operations - other reasons' can encompass a variety of factors, such as poor performance, landlord disputes, or unforeseen local economic issues. A prospective franchisee should investigate these 'other reasons' further to gain a comprehensive understanding of the risks involved in operating a Chatime franchise in Ohio. This data, combined with other due diligence, can inform a more calculated investment decision.