As of what date is the list of current Itan franchisees in Exhibit F (Part A) current?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
A list of all current franchisees is attached to this Disclosure Document as EXHIBIT "F" (Part A), including their names and the addresses and telephone numbers of their outlets as of December 31, 2024. In addition, EXHIBIT "F" (Part B) lists the name, city and state, and the current business telephone number (or, if unknown, the last known home telephone number) of every franchisee who had an outlet terminated, canceled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during our most recently completed fiscal year or who has not communicated with us within 10 weeks of the issuance date of this Disclosure Document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
In the last 3 fiscal years, some franchisees have signed confidentiality agreements with us. In some instances, current and former franchisees sign provisions restricting their ability to speak openly about their experience with us. You may wish to speak with current and former franchisees, but be aware that not all such franchisees will be able to communicate with you.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–43)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the list of current franchisees in Exhibit F (Part A) is current as of December 31, 2024. This list includes the names, addresses, and telephone numbers of their outlets.
Exhibit F (Part B) also lists franchisees who have terminated, canceled, or not renewed their agreements, or who have ceased communication with Itan within 10 weeks of the FDD's issuance date. This provides prospective franchisees with information about both current and former franchisees, which can be valuable for research and due diligence.
It is important to note that some Itan franchisees have signed confidentiality agreements, which may restrict their ability to openly discuss their experiences with the franchise. Therefore, a prospective franchisee should be aware that not all current and former franchisees may be able to communicate freely about their experiences.