table_specific

How many Chatime outlets in Georgia were not renewed in 2024?

Chatime Franchise · 2025 FDD

Answer 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 | 0 | 0 | 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 Georgia was not renewed in 2024. The FDD provides a table outlining the status of franchise outlets, including non-renewals, for the years 2022 to 2024. In 2024, Georgia had one outlet at the start of the year and reported one non-renewal, resulting in zero outlets at the end of the year. The non-renewal in Georgia was for an outlet issued by Chatime USA LLC.

This information is crucial for potential franchisees as it indicates the stability and success rate of Chatime franchises in specific locations. A non-renewal could suggest issues with the location, management, or overall market conditions. It is important to note that while there was one non-renewal, a new Chatime location was opened in Alabama during 2024, and several new locations are projected to open in the next fiscal year in states such as Alabama, Maryland, Florida and Texas.

Prospective franchisees should investigate the reasons behind the non-renewal in Georgia to better understand the potential risks and challenges of operating a Chatime franchise in that region or similar markets. Understanding the factors that contribute to non-renewals can help franchisees make informed decisions and develop strategies to improve their chances of success. This includes analyzing local market conditions, competition, and the effectiveness of the franchise's operational and marketing strategies.

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.