What is the minimum lease term required after the Conversion Date for an Itan franchise?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
If you lease the Premises, you must negotiate with your landlord, if necessary, to modify your lease in order to provide you with a term of at least 10 years from the Conversion Date.
You must also cause your landlord to execute our required Lease Addendum.
We may require that you complete these steps prior to execution of the Franchise Agreement and this Addendum.
At a minimum, we may require execution of the Lease Addendum as a condition to us issuing our Certificate of Conversion Completion pursuant to §5 of this Addendum.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, if a franchisee leases the premises for their Itan salon, they must negotiate with their landlord to ensure the lease provides a term of at least 10 years from the Conversion Date. The franchisee must also ensure that the landlord executes Itan's required Lease Addendum.
Itan may require the franchisee to complete these lease-related steps before the Franchise Agreement and its addendum are even executed. At a minimum, Itan may require the execution of the Lease Addendum as a condition for issuing the Certificate of Conversion Completion. This certificate confirms that the premises meet Itan's standards and is ready to operate as an Itan salon.
This requirement ensures that Itan franchisees have a stable location for a significant period, aligning with the long-term investment nature of a franchise. It also protects Itan's brand and operational consistency by securing the location for an extended duration. The Lease Addendum likely contains provisions that further protect Itan's interests, such as rights to cure defaults or assign the lease, as detailed elsewhere in the FDD.