Question 1

How much does it cost to open a Chatime franchise?

Accepted Answer

The total initial investment for a Chatime franchise ranges from $293K to $480K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Chatime franchise fee?

Accepted Answer

The initial franchise fee for Chatime is $55K.

Question 3

What are the net worth requirements for a Chatime franchise?

Accepted Answer

Net worth requirements for Chatime are specified in the Franchise Disclosure Document.

Question 4

Does Chatime require a personal guarantee?

Accepted Answer

Yes, Chatime requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Chatime franchise?

Accepted Answer

Equipment costs for a Chatime franchise range from $34K to $46K. Initial inventory costs range from $10K to $16K.