How many Itan franchise agreements have been signed in California, but the outlet has not yet opened?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements | Projected New Franchised | Projected New Company | |
|---|---|---|---|---|
| Signed But Outlet Not | Outlets in the Next Fiscal | Owned Outlets in the Next | ||
| Opened | Year | Fiscal Year | ||
| California | 0 | 3 | 0 | |
| Total | 0 | 3 | 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, there are currently no franchise agreements signed in California for which the outlet has not yet opened. The FDD indicates that as of the end of the fiscal year, there are zero such agreements. This suggests that all franchise agreements signed in California have resulted in operational outlets.
This information is relevant for prospective franchisees as it provides a snapshot of the current status of franchise agreements in California. It may indicate the efficiency of Itan in getting new outlets up and running after a franchise agreement is signed. However, it is important to note that this is just a single data point and does not provide a complete picture of the franchise's performance in California.
It is also worth noting that the FDD includes projections for new franchised outlets in the next fiscal year. For California, the projection is for 3 new franchised outlets. This suggests that Itan is actively looking to expand its presence in California and that there may be opportunities for new franchisees in the state. Prospective franchisees should consider these projections when evaluating the potential of the Itan franchise opportunity.