Are the Itan financial statements attached to the disclosure document?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
Our fiscal year ends on December 31st. Audited financial statements of iTAN Franchising, Inc. for the fiscal years ended December 31, 2024, December 31, 2023 and December 31, 2022 are attached to this Disclosure Document as EXHIBIT "G".
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 43)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, audited financial statements are attached. Specifically, the FDD includes the audited financial statements of iTAN Franchising, Inc. for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
These financial statements are included as EXHIBIT "G" to the Disclosure Document. As a prospective franchisee, reviewing these statements is crucial. They provide insights into Itan's financial health, stability, and overall performance.
By examining these audited statements, potential franchisees can assess Itan's revenue trends, profitability, assets, liabilities, and cash flow. This information can help in making an informed decision about investing in an Itan franchise. It is common practice for franchisors to include several years of financial statements, allowing for trend analysis.