table_specific

For Itan, where can I find the total number of salons to be developed?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

DEVELOPMENT PERIOD ENDING* NUMBER OF SALONS OPENED DURING DEVELOPMENT PERIOD CUMULATIVE NUMBER OF SALONS OPENED AND IN OPERATION
1 year after Effective Date
2 years after Effective Date
3 years after Effective Date
4 years after Effective Date
5 years after Effective Date
Total Number of Salons to be Developed: []

Source: Item 23 — RECEIPT (FDD pages 44–190)

What This Means (2025 FDD)

According to Itan's 2025 Franchise Disclosure Document, Item 23 includes a table that tracks salon development over a five-year period. The table provides columns for the number of salons opened during each development period and the cumulative number of salons opened and in operation. However, the space for the 'Total Number of Salons to be Developed' is left blank in this table.

While the table in Item 23 does not specify the total number of salons to be developed, the document does refer to a 'Development Schedule' in §4.1 and Part C of ATTACHMENT 'A'. This schedule outlines the development of 'Required Salons' within a 'Development Territory'. The franchisee is granted the right and obligation to develop, open, and operate each of the Required Salons referred to in the Development Schedule. Additionally, the franchisee has the option, but not the obligation, to develop, open, and operate one or more Optional Salons during the Term in accordance with §4.2.

Therefore, a prospective Itan franchisee should refer to the Development Schedule in Part C of ATTACHMENT 'A' to find the total number of 'Required Salons' they are obligated to develop. They should also inquire with Itan about the possibility of developing 'Optional Salons' and how those are factored into the overall development plan and potential territory.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.