Chatime is a specialty beverage franchise focusing on gourmet teas, bubble tea, and coffee-based drinks. The system is relatively small with only 19 total units as of December 2024, but has shown growth from 12 units in 2022. The franchise requires owner-operator involvement with significant initial investment ranging from $293K to $480K. Financial performance data from 5 locations shows wide variation in sales performance. The franchise offers strong territorial protection and requires a 2-year post-term non-compete within 25 miles. Key risks include the small system size, wide performance variation, and mandatory arbitration in New York for disputes.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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