When are Chatime's renewal and transfer fees due from franchisees?

Based on the 2025 Chatime Franchise Disclosure Document, the timing of renewal and transfer fee payments are not explicitly detailed in the provided excerpts. However, the document does mention a "Renewal Outlet Fee", which is 25% of the then-current New Outlet Fee, payable upon renewal of an existing outlet for a further term.

While the FDD excerpts do not specify when the renewal fee is due, it is common practice in the franchise industry for renewal fees to be paid prior to the start of the new franchise term. This ensures the franchisee is in good standing before continuing to operate under the Chatime brand. Similarly, transfer fees are typically due upon completion of the transfer process, often coinciding with the signing of transfer agreements.

To gain clarity on the exact payment schedules for both renewal and transfer fees, a prospective Chatime franchisee should directly inquire with the franchisor. Specifically, they should ask about the payment deadlines, acceptable payment methods, and any potential consequences for late payment. Understanding these details is crucial for managing finances and ensuring compliance with the franchise agreement.