How many Chatime outlets were operating in Michigan at the start of 2022?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 0 | 0 | 2 | 4 | | | 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | State | Yea r | Outlet s at Start or the Year | | | | | | | | MI | 2022 | 1 | | | | | | | See Notes above at Table 1.
* The Georgia location that was not renewed was an outlet issued by Chatime USA LLC
** The outlets in Guam (GU) were added to the USA territory rights of Chatime Franchise LLC in 2024 when we took on four (4) existing operating outlets under new agreements issued by us. The
Guam outlets previously operated under agreements with our affiliate, Lakaffa International Ltd.
Table 4 Status of Company-Owned and Affiliate Owned Outlets for Years 2022 to 2024
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
|---|---|---|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| NY | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| ND | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| OH | 2022 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| TN | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 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 was 1 Chatime outlet operating in Michigan at the start of 2022. This information is based on the table that details the status of franchise outlets for the years 2022 to 2024.
This figure is important for potential franchisees to consider as it provides a snapshot of Chatime's presence in Michigan at that time. Understanding the number of existing outlets can help in assessing market saturation and potential opportunities for new locations. It's also worth noting how this number has changed in subsequent years, as this can indicate the brand's growth trajectory and stability in the state.
Prospective franchisees should further investigate the performance and locations of this existing outlet to gain a deeper understanding of the market dynamics in Michigan. This includes researching the reasons behind any closures or changes in outlet numbers in later years to make an informed decision about investing in a Chatime franchise in Michigan.