For Itan Franchising, Inc., what exhibit contains the audited financial statements?
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 for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, are included as EXHIBIT "G".
As a prospective franchisee, it is crucial to carefully review Itan's financial statements. These statements provide insights into the company's financial health, including its revenues, expenses, assets, and liabilities. Understanding these aspects can help you assess the stability and potential profitability of the franchise system.
Specifically, pay attention to trends in revenue and net income, as well as any significant changes in assets or liabilities. If there are any concerning trends or anomalies, it is advisable to seek clarification from Itan or consult with a financial advisor before making a decision about investing in the franchise.