Does the Itan FDD contain financial statements for more than one year?

According to Itan's 2025 Franchise Disclosure Document, the document includes audited financial statements for multiple years. Specifically, Item 21 states that the audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, are attached as Exhibit "G".

This means that prospective Itan franchisees can review Itan's financial performance over a three-year period. This allows for a better understanding of the company's financial trends, stability, and overall health. Reviewing several years of data is more insightful than looking at a single year, as it can reveal patterns of growth, decline, or consistency in revenue, expenses, and profitability.

Having access to three years of audited financial statements is beneficial for potential franchisees as it provides a more comprehensive view of Itan's financial history. This is a standard practice in franchising, as it allows potential franchisees to make a more informed decision about investing in the franchise. Franchisees should carefully examine these statements and consult with a financial advisor to fully understand the implications of Itan's financial performance.