table_specific

How many Itan outlets were sold to franchisees during 2022?

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, in 2022, 3 outlets were sold to franchisees. At the start of 2022, there were 8 outlets, and by the end of the year, there were 5. This indicates a net decrease in the number of company-owned outlets.

This information is valuable for potential franchisees as it provides insight into the dynamics of outlet ownership within the Itan franchise system. The sale of outlets to franchisees could indicate a strategic shift by Itan towards a franchise-focused model, or it could simply reflect individual business decisions.

Prospective franchisees should further investigate the reasons behind these transactions. Understanding whether the sale of outlets to franchisees is a common practice, and the conditions under which Itan sells its company-owned stores, can help in evaluating the potential risks and opportunities associated with investing in an Itan franchise.

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.