Are the Itan financial statements in the FDD presented as an exhibit?
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, the company's audited financial statements are included as an exhibit. Specifically, the FDD states that the audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022, are attached as EXHIBIT "G".
This is a standard practice in franchising, as it allows prospective franchisees to review the franchisor's financial health and stability. These statements provide insights into Itan's revenues, expenses, assets, and liabilities, which can help potential franchisees assess the financial risks and opportunities associated with investing in an Itan franchise.
As a potential franchisee, it is crucial to carefully examine these financial statements and consult with a financial advisor to fully understand their implications. Analyzing these statements can help you make an informed decision about whether to invest in an Itan franchise.