How many company-owned Itan outlets were operating at the end of 2024?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 8 | 0 | 0 | 0 | 3 | 5 | |
| California | 2023 | 5 | 0 | 0 | 0 | 0 | 5 |
| 2024 | 5 | 0 | 0 | 0 | 5 | 0 | |
| 2022 | 8 | 0 | 0 | 0 | 3 | 5 | |
| Totals | 2023 | 5 | 0 | 0 | 0 | 0 | 5 |
| 2024 | 5 | 0 | 0 | 0 | 5 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–43)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the number of company-owned outlets operating at the end of 2024 was zero. The provided table in Item 20 of the FDD outlines the changes in both franchised and company-owned outlets from 2022 to 2024.
The table shows that at the start of 2024, Itan had 5 company-owned outlets. Throughout 2024, there were no new company-owned outlets opened, no outlets reacquired from franchisees, and no outlets closed. However, 5 outlets were sold to franchisees, resulting in zero company-owned outlets by the end of 2024.
This information is valuable for potential franchisees as it provides insight into Itan's operational strategy. The shift from company-owned to franchised outlets may indicate a strategic decision to focus on franchising as the primary mode of expansion. Prospective franchisees should inquire about the reasons behind this shift and how it might affect their investment and operational support.