Is extending the lease term a requirement for Itan franchise renewal?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
ent territory guidelines and criteria. If this Agreement is a Successor Agreement, the Term of this Agreement and your remaining renewal rights, if any, shall be governed by your original franchise agreement
- 4.2. Renewal Requirements. In order to renew, you and the Owners (as applicable) must:
- (a) send us a notice of your intent to enter into a Successor Agreement not less than 240 days nor more than one (1) year before the expiration of the Term or renewal term, as applicable;
- (b) not be in default under any Definitive Agreement at the time you send the renewal notice or sign the Successor Agreement;
- (c) sign the Successor Agreement and all ancillary documents we require franchisees to sign;
- (d) sign a General Release;
- (e) pay us a $1,000 renewal fee;
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, extending the lease term is a requirement for franchise renewal. To renew the franchise agreement, the franchisee must extend the term of their lease for the duration of the renewal term.
In addition to extending the lease, the franchisee must fulfill several other conditions to be eligible for renewal. These include providing a notice of intent to renew between 240 days and one year before the current term expires, remaining in compliance with all existing agreements, signing the current Successor Agreement and related documents, executing a General Release, and paying a $1,000 renewal fee.
Furthermore, the franchisee is required to remodel the salon and upgrade all furniture, fixtures, and equipment to meet Itan's current standards at the time of renewal. The Successor Agreement that franchisees sign at renewal may differ significantly from the original agreement, and Itan retains the right to modify the territory boundaries according to their current guidelines.