factual

Is the Multi-Unit Development Agreement included as an exhibit in the Chatime FDD?

Chatime Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit C Multi-Unit Development Agreement

Source: Item 22 — Contracts (FDD page 58)

What This Means (2025 FDD)

According to Chatime's 2025 Franchise Disclosure Document, the Multi-Unit Development Agreement is included as an exhibit. Specifically, Exhibit C of the FDD is the Multi-Unit Development Agreement. This agreement is a crucial document for franchisees interested in opening multiple Chatime locations under a development schedule.

The inclusion of the Multi-Unit Development Agreement as an exhibit allows prospective franchisees to review the terms and conditions associated with developing multiple Chatime units. This provides transparency and enables potential franchisees to understand their obligations and the franchisor's expectations regarding the development timeline, territory, and other key aspects of multi-unit franchising.

Prospective franchisees should carefully review Exhibit C to understand the specific requirements and commitments involved in a multi-unit development plan with Chatime. This includes understanding the development schedule, financial obligations for each unit, and any performance metrics required to maintain the development rights. Consulting with a franchise attorney is advisable to fully comprehend the legal and financial implications of the Multi-Unit Development Agreement before making any commitments.

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.