How many Chatime outlets were operating in Guam at the start of 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 | 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, there were 5 Chatime outlets operating in Guam at the start of 2022. During 2022, one outlet ceased operations for unspecified reasons, leaving 4 outlets at the end of the year.
In 2024, Chatime Franchise LLC added the Guam outlets to the USA territory rights, taking on four existing operating outlets under new agreements. These outlets previously operated under agreements with Lakaffa International Ltd, an affiliate of Chatime.
This information is relevant for prospective franchisees as it provides insight into the historical performance and changes in outlet numbers in specific regions. Monitoring these trends can help potential franchisees assess the stability and growth potential of the Chatime brand in different markets.