table_specific

How many Itan outlets were reacquired from franchisees in 2023?

Itan Franchise · 2025 FDD

Answer 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 zero outlets reacquired from franchisees in 2023. The table provided in Item 20 details the number of outlets reacquired from franchisees between 2022 and 2024.

Specifically, the table shows that in 2023, for both California and the total, the number of outlets reacquired from franchisees was 0. This means that Itan did not take back any franchised locations during that year.

This information is important for potential franchisees as it can provide insight into the stability of the franchise system and the relationship between Itan and its franchisees. A high number of reacquired franchises could indicate issues with franchisee success or franchisor-franchisee relations, while a low number, as in this case, may suggest a more stable and supportive environment.

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.