For Itan franchises, what Governmental Authority might Itan use for CPI adjustments?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
We may utilize any CPI index series published by the U.S. Department of Labor or any comparable Governmental Authority that we deem appropriate.
We currently use the following index: All Urban Wage Earners and Clerical Workers (CPI-W), U.S. City Average (1982-84 = 100), "All Items".
We will notify you of any CPI adjustment at least 60 days before it becomes effective.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, Itan may adjust certain fees based on changes to the U.S. Consumer Price Index (CPI). In addition to the U.S. Department of Labor, Itan has the option to utilize any CPI index series published by a comparable Governmental Authority that it deems appropriate.
Currently, Itan uses the All Urban Wage Earners and Clerical Workers (CPI-W), U.S. City Average (1982-84 = 100), "All Items" index. Itan will notify franchisees of any CPI adjustment at least 60 days before it takes effect.
Itan may review and increase fees based on CPI changes only if the current CPI is more than 5% higher than the baseline CPI, which is either the effective date of the agreement for the initial adjustment or the date of the last fee adjustment for subsequent adjustments. This adjustment can impact the fees franchisees pay, so understanding the specific index used and the timing of adjustments is important for financial planning.