What information about the franchisor and franchisee is required on the Itan FDD receipt?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
ise, it must provide this Disclosure Document to you 14 days before you sign a binding agreement or make a payment with the franchisor or an affiliate in connection with the proposed franchise sale. New York requires that we give you this Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If iTAN Franchising, Inc. does not deliver this Disclosure Document on time, or if it contains a false or misleading statement or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580, and the appropriate state agency listed in EXHIBIT "A" to this Disclosure Document.
The franchise seller(s) involved with the sale of this franchise is/are:
| | Faraje Kharsa; 1784 La Costa Meadows Dr., #101, San Marcos, California 92078; 760-806-7513 Paizlyn Rogers; 1854 W Stonebridge Dr #55, St. George, Utah 84770 Hannah Mort; 14301 FNB Pkwy, Suite 312 Omaha, Nebraska 68154, 531-333-3278 Ashley Fechner; 14301 FNB Pkwy, Suite 312 Omaha, Nebraska 68154, 531-333-3278 Amie Hawk; 14301 FNB Pkwy, Suite 312 Omaha, Nebraska 68154, 531-333-3278 Kara Stark;
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the receipt for the Franchise Disclosure Document requires the name of the franchise seller involved in the sale of the franchise. The FDD receipt serves as an acknowledgment that the prospective franchisee has received the disclosure document, which summarizes key aspects of the franchise agreement and other relevant information. Both the franchisor and franchisee must sign the receipt, with one copy retained by the franchisee and the other returned to Itan Franchising, Inc. This process ensures that Itan can verify that the franchisee received the FDD as required by federal and state laws.
The disclosure document must be provided to the prospective franchisee at least 14 days before signing any binding agreement or making any payment to Itan or its affiliates. In New York, the timeframe is slightly different, requiring the FDD to be delivered at the earlier of the first personal meeting or 10 business days before the execution of the franchise agreement or payment of any consideration related to the franchise relationship. This waiting period allows the franchisee adequate time to review the document and seek professional advice before making a final decision.
If Itan fails to deliver the Disclosure Document on time, or if the document contains false or misleading statements or material omissions, it may constitute a violation of federal and state law. In such cases, the franchisee is advised to report the issue to the Federal Trade Commission (FTC) in Washington, DC, and the appropriate state agency listed in EXHIBIT "A" of the Disclosure Document. This measure protects the franchisee's rights and ensures compliance with franchise regulations.