Question 1

Does Chatime franchise offer exclusive territory?

Accepted Answer

Chatime offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Chatime franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Chatime is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Chatime franchise?

Accepted Answer

The Chatime franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Chatime franchise?

Accepted Answer

Yes, Chatime allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.