factual

What was the median gross sales from Itan memberships for the reporting period?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

Financial Performance Metric Lowest Highest Median Average Average Outlets at or above average
% of Qty %
Gross
Sales
Gross Sales Memberships $157,815 $612,392 $372,248 $391,310 76% 13 46%

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 39–42)

What This Means (2025 FDD)

According to Itan's 2025 Franchise Disclosure Document, the median gross sales from memberships for the measuring period of January 1, 2024, to December 31, 2024, was $372,248. This data was obtained from 28 qualifying franchised salons. The lowest gross sales for memberships was $157,815, while the highest was $612,392. The average gross sales for memberships was $391,310, with 46% of outlets (13 locations) at or above this average.

For a prospective Itan franchisee, this information provides a benchmark for potential revenue from memberships. It's important to note that these figures are based on historical data and individual results may vary. Factors such as location, market conditions, and management skills can influence a salon's financial performance. The FDD also notes that there is no assurance that a franchisee will earn as much as the average or median.

Itan also provides data on other revenue streams, such as drafted sessions and upgrades, total services, and product sales. A prospective franchisee should carefully review all of the financial performance representations in Item 19 of the FDD and consult with their own financial advisors to develop realistic revenue projections for their specific location and circumstances. They should also consider the operating expenses outlined in the FDD, such as labor, rent, and marketing, to get a comprehensive understanding of the potential profitability of an Itan franchise.

It is important to remember that the FTC requires franchisors to have a reasonable basis for any financial performance representations they make. Itan states that written substantiation for this financial performance representation will be made available to you upon your reasonable written request.

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.