factual

When signing the Chatime Franchise Agreement, are you required to confirm whether you received the Franchise Disclosure Document (and all exhibits and attachments) at least 14 calendar days prior to signing?

Chatime Franchise · 2025 FDD

Answer from 2025 FDD Document

Did you receive a copy of our Franchise Disclosure Document (and all exhibits and attachments) at least 14 calendar days prior to signing the Franchise Agreement? Check one: ( ) Yes ( ) No. If no, please comment:
Have you studied and reviewed carefully our Franchise Disclosure Document and
Franchise Agreement?
Check one: (
) Yes (
) No.
If no, please comment:
Did you understand all the information contained in both the Franchise Disclosure
Document
and
the
Franchise
Agreement?
Check
one
(
)
Yes(
)
No.
If
no,
please
comment:

Source: Item 23 — Receipts (FDD pages 58–262)

What This Means (2025 FDD)

According to the 2025 Chatime Franchise Disclosure Document, franchisees are asked to confirm receipt of the FDD and its attachments at least 14 calendar days before signing the Franchise Agreement. Franchisees must indicate whether they received the documents within the specified timeframe by checking either "Yes" or "No" on a receipt form. If the franchisee answers "No", they are prompted to provide a comment explaining why.

In addition to confirming receipt of the FDD, the receipt also requires franchisees to confirm that they have carefully studied and reviewed the Franchise Disclosure Document and Franchise Agreement. They must also confirm that they understood all the information contained in both documents, again with the option to comment if they did not.

This receipt serves as an acknowledgement that the franchisee has had adequate time to review the documents and seek professional advice before making a final decision. It also protects Chatime by documenting that the franchisee was given the opportunity to understand the terms of the agreement. Franchisees should take this confirmation seriously and ensure they fully understand the contents of the FDD and Franchise Agreement before signing.

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.