What is the total estimated initial investment range for a Chatime Multi-Unit Development Agreement covering three to ten locations?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
fice space of one of your Chatime Stores.
- The total initial investment for a multi-unit development agreement for three to ten locations is $373,100 to $699,900.
The low-end figure of $373,100 is the low-end estimated initial investment for a multi-unit development agreement for three locations. This figure includes the Multi-Unit Development Fee for three locations, namely $134,900, plus the low-end estimated initial investment for the first location, namely $238,200 (calculated based on the expenses listed in Item 7 not including the Initial Franchise Fee which is not included because the Multi-Unit Development Fee serves as full credit against the initial franchise fees for each location including the first location).
The high-end figure of $699,900 is the high-end estimated initial investment for a multi-unit development agreement for ten locations. This figure includes the Multi-Unit Development Fee for ten locations, namely $274,900 plus the high-end estimated initial investment for the first location, namely $425,000 (calculated based on the expenses listed in Item 7 not including the Initial Franchise Fee which is not included because the Multi-Unit Development Fee serves as full credit against the initial franchise fees for ea
Source: Item 7 — Estimated Initial Investment (FDD pages 17–22)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the total estimated initial investment for a Multi-Unit Development Agreement covering three to ten locations ranges from $373,100 to $699,900. This investment covers the multi-unit development fee and the initial investment to open the first Chatime store.
The low-end estimate of $373,100 accounts for a three-location agreement, including a $134,900 multi-unit development fee and $238,200 for the first store. The high-end estimate of $699,900 covers a ten-location agreement, with a $274,900 multi-unit development fee and $425,000 for the first store. These figures do not include the initial franchise fee for the first store, as the multi-unit development fee serves as a credit towards these fees.
It's important to note that these estimates assume the multi-unit development business will initially operate from your home and later from the office space of one of your Chatime stores, without requiring separate office space. Prospective franchisees should carefully consider these costs and ensure they have sufficient capital to cover the initial investment and ongoing operational expenses.