What was the net change in the number of Chatime outlets in North Dakota between 2022 and 2024?
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 |
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 North Dakota remained the same between 2022 and 2024. The provided table shows that in 2022, there was one outlet at the start of the year, one outlet opened, and one outlet at the end of the year. In both 2023 and 2024, there was one outlet at the start of the year, no outlets opened, and one outlet at the end of the year.
This indicates that while there was some fluctuation with an outlet opening in 2023, the net number of Chatime locations in North Dakota was one at the end of both 2022 and 2024, resulting in no net change during that period.
For a prospective franchisee, this data suggests a stable but limited presence for Chatime in North Dakota. It may indicate a market with limited growth potential or a deliberate strategy by the franchisor to maintain a small footprint. A potential franchisee should investigate the reasons behind the lack of growth and assess whether the existing outlet is successful and well-supported by Chatime.