Does Chatime require identification of all franchise sellers involved in the franchise sales process on the receipt pages of the Franchise Disclosure Document?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
The name, address and telephone number of the franchise seller offering the franchise are listed below:
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the receipt page of the FDD includes a section for the name, address, and telephone number of the franchise seller offering the franchise. This ensures transparency by providing the prospective franchisee with the contact information of the individual responsible for the franchise sale. This information allows the franchisee to directly contact the seller for clarifications or follow-up questions.
This requirement is fairly standard in the franchise industry, as it helps to ensure that franchisees know who they are dealing with during the sales process. It also provides a point of contact for any issues that may arise during the initial stages of the franchise agreement. By including this information on the receipt, Chatime aims to maintain open communication and accountability in its franchise sales process.
Prospective franchisees should verify that the provided contact information is accurate and current. If there are any discrepancies or changes during the sales process, it is important to document these and confirm them with Chatime directly. This practice helps protect the franchisee's interests and ensures a clear understanding of who is representing Chatime during the franchise sale.