Where can I find the balance sheets for Itan Franchising, Inc.'s financial statements?

According to Itan's 2025 Franchise Disclosure Document, the balance sheets for Itan Franchising, Inc. are included as part of the company's audited financial statements. The independent auditor's report indicates that the financial statements comprise the balance sheets as of December 31, 2024 and 2023, along with related statements of earnings, stockholder's equity, and cash flows for the years then ended, and the related notes to the financial statements. These statements provide a comprehensive view of Itan's financial position and performance over those periods.

Specifically, the auditor's opinion confirms that these financial statements present fairly, in all material respects, the financial position of Itan Franchising, Inc. as of December 31, 2024 and 2023, and the results of its activities and its cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America. This opinion is based on audits conducted according to auditing standards generally accepted in the United States of America, ensuring a certain level of reliability and accuracy.

Prospective franchisees can review these balance sheets and related financial statements within the FDD to assess Itan's financial health and stability. Understanding the company's assets, liabilities, equity, earnings, and cash flow trends is crucial for making an informed investment decision. The notes to the financial statements provide additional context and detail about the accounting policies and estimates used in preparing the statements, offering further insights into Itan's financial practices.