What is the estimated range for construction costs for an Itan franchise?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
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| TYPE OF EXPENDITURE 1 | AMOUNT | METHOD OF | WHEN DUE | |
|---|---|---|---|---|
| PAYMENT | ||||
| Lease Deposit 4 | $1,800 to $8,000 | As incurred | Before opening | Landlord |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the estimated cost for construction ranges from $150,000 to $250,000. These costs are expected to be incurred before opening and are paid to architects, contractors, and suppliers.
The FDD notes that the cost of construction and leasehold improvements can vary significantly based on factors such as the size and condition of the leased space, whether the premises is first or second generation retail space, the extent and nature of existing leasehold improvements, the amount of landlord contributions (TI Allowance), and demolition and construction costs and prevailing wage rates in the local market. The estimates provided assume that the franchisee will not receive a TI Allowance from the landlord.
Prospective Itan franchisees should carefully consider these factors and obtain detailed quotes from contractors in their area to develop a realistic construction budget. It is also advisable to negotiate with the landlord for a TI Allowance, which could help offset some of the construction costs. As the FDD recommends hiring an accountant, business advisor, or other professional to assist in developing a budget for the construction, opening, and operation of the Salon is a prudent step.