How many Itan outlets closed in California during 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, there were no Itan outlets closed in California during 2024. The provided table in Item 20 details the outlet information by state and year, showing that the number of outlets closed in California during 2024 was zero.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Itan franchises in California. A history of outlet closures could indicate potential challenges or risks associated with operating an Itan franchise in that specific market. The absence of closures in 2024 may be seen as a positive sign, suggesting a stable or improving business environment for Itan franchisees in California.
Prospective franchisees should further investigate the reasons behind outlet closures in previous years (if any) and compare these trends with other states to gain a comprehensive understanding of the franchise's performance and potential risks. Additionally, it would be beneficial to speak with current and former franchisees in California to gather firsthand insights into their experiences and the factors contributing to the success or failure of Itan outlets in the region.