What was the net change in the number of Chatime outlets in New York between 2022 and 2024?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 53–58)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the number of Chatime outlets in New York remained constant between 2022 and 2024. The provided table shows the status of franchise outlets from 2022 to 2024. In New York, there was 1 outlet at the start of 2022, 1 outlet at the end of 2022, 1 outlet at the end of 2023, and 1 outlet at the end of 2024.
Specifically, the table indicates that there were no outlets opened, terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons during this period. This means that the initial Chatime outlet in New York remained operational throughout these three years without any changes.
For a prospective franchisee, this indicates stability in the New York market during this period. However, it's important to note that this data only reflects past performance and doesn't guarantee future results. A potential franchisee should investigate the reasons behind the lack of growth in New York and assess the current market conditions to determine the potential for future expansion.