How many Itan franchise locations were open at the beginning of 2024?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Franchise locations, beginning of year | 29 | 31 |
| Opened franchise locations | ( | - |
| Closed franchise locations | 1 | 2 |
| Franchise locations, end of year | 28 | 29 |
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, there were 29 franchise locations open at the beginning of 2024. This number is a snapshot of the franchise system's size at that specific point in time and serves as a baseline for tracking changes throughout the year.
For a prospective franchisee, this information provides context about the existing network. It helps gauge the brand's established presence and market penetration. A larger number of existing locations might suggest a more mature and recognized brand, while a smaller number could indicate a newer or more niche franchise system.
It's important to note that this number only reflects the number of franchise locations and doesn't include any company-owned locations, if applicable. The FDD also indicates that one franchise location closed during 2024, resulting in 28 franchise locations at the end of the year.
Understanding the trajectory of franchise locations—openings, closures, and net change—is crucial for assessing the overall health and growth potential of the Itan franchise system. A prospective franchisee should further investigate the reasons behind any closures and the strategies Itan has in place to support its franchisees and ensure sustainable growth.