Does the Itan Disclosure Document include a copy of the Area Development Agreement?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
If you satisfy our criteria for multi-unit developers, we may (but need not) offer you the right to sign the form of Area Development Agreement attached to this Disclosure Document as EXHIBIT "D" (the "ADA"). The ADA grants you the right and obligation to develop, open and operate multiple Salons within a defined "development territory" according to a predetermined "development schedule". You must commit to develop, open and operate a minimum of 3 Salons in order to sign an ADA. You must develop, open and operate all of the Salons identified in the development schedule. You must sign a separate franchise agreement for each Salon you develop. Each franchise agreement will be our then-current form of franchise agreement, which may be different than the form of Franchise Agreement attached to this Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 43–44)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, a copy of the Area Development Agreement is included as EXHIBIT "D". Item 1 of the FDD indicates that if a prospective franchisee meets Itan's criteria for multi-unit developers, Itan may offer them the right to sign the Area Development Agreement.
The Area Development Agreement grants the franchisee the right and obligation to develop, open, and operate multiple Itan salons within a defined territory, according to a predetermined schedule. To qualify for an Area Development Agreement, a franchisee must commit to developing, opening, and operating a minimum of three salons.
It is important to note that while the Area Development Agreement outlines the development schedule and territory, a separate franchise agreement must be signed for each individual Itan salon that the area developer opens. The franchise agreement used for each new salon may be different from the sample franchise agreement included in the FDD.