factual

When is the management fee due to Itan?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

Salon Discount Initial Franchise Fee Development Fee (Imposed under ADA)
Salon 1 No discount (Unless Veterans Discount applies) $49,500 N/A – 3 unit minimum for ADA
Salon 2 $7,500 Discount $42,000 N/A – 3 unit minimum for ADA
Salon 3 $11,500 Discount $38,000 $129,500
Salon 4 $13,500 Discount $36,000 $165,500
Salon 5 $15,500 Discount $34,000 $199,500
Salon 6 $17,500 Discount $32,000 $231,500
Salon 7+ $19,500 Discount (per Salon) STARTUP PACKAGE ITEMS PURCHASED $30,000 (per Salon) $261,500 (plus additional $30,000 for each Salon in excess of 7)
FIT Bodywrap® FDTC $4,000
TANOLOGY® skincare products EVOLV $150 to $200
BRONZE LUMINESSENCE™ lotion EVOLV $150
CALIFORNIA SPA® Ageless Serum EVOLV $104
Branded Supplies (e.g., name tags, bed tents, iTAN tote bags and key tags) EVOLV $250
Total $4,654 to $4,704
TYPE OF FEE 1 AMOUNT 2, 3 DUE DATE REMARKS
Late Fee $100 plus default interest at lesser of (a) 18% per annum (prorated on daily basis) or (b) highest rate allowed by applicable law 10 days after invoice If we debit your account but there are insufficient funds, or a check you issue is ret

Source: Item 6 — OTHER FEES (FDD pages 11–15)

What This Means (2025 FDD)

According to Itan's 2025 Franchise Disclosure Document, the management fee is due 10 days after the invoice date. This fee is imposed if a franchisee fails to timely cure a default under the Franchise Agreement, which allows Itan to designate a person to manage the Salon until the default is resolved.

The management fee is the greater of 10% of Gross Sales or $350 per day, plus any Travel Expenses incurred by the designated manager. Gross Sales includes all gross sums billed or collected from goods and services, advertising revenue, sponsorship fees, and business interruption insurance proceeds, but excludes sales or use taxes, refunds to customers, revenue from the sale of furniture, and tips retained by staff.

This means that if an Itan franchisee breaches the Franchise Agreement and does not resolve the issue promptly, Itan can step in to manage the salon and charge a substantial management fee. The franchisee is responsible for ensuring sufficient funds are available to cover this fee within 10 days of receiving the invoice, or they may incur additional late fees and interest.

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.