Does Itan offer direct or indirect financing to franchisees?

According to Itan's 2025 Franchise Disclosure Document, Itan does not offer direct or indirect financing to franchisees. The FDD also states that no amounts paid to Itan are refundable. However, a franchisee's landlord may refund a security deposit at the end of the lease term if the franchisee does not damage the property or default on the lease.

Since Itan does not offer financing, prospective franchisees will need to explore third-party financing options to cover the initial investment, which ranges from $360,194 to $985,064 depending on whether the franchisee leases or purchases equipment. This includes expenses such as the development fee ($129,500 to $199,500 for 3 to 5 salons), initial franchise fee ($49,500), initial training expenses ($2,500 to $9,500), lease deposit ($1,800 to $8,000), construction ($150,000 to $250,000), signage ($7,000 to $13,000), startup package ($4,654 to $4,704), furniture and fixtures ($12,000 to $20,000), technology systems ($6,240 to $8,860), sun spray spa equipment ($20,000 to $398,500), initial inventory ($7,000 to $10,000), miscellaneous opening costs ($1,000 to $2,000), grand opening marketing ($5,000 to $10,000), utility and security deposits ($500 to $4,000), business licenses and permits ($1,000 to $3,000), professional fees ($1,500 to $3,000), insurance ($500 to $1,000), and additional funds for the first three months of operation ($10,000 to $40,000).

Given the significant initial investment, securing adequate financing is a critical step for anyone considering an Itan franchise. Franchisees should research and compare different lenders, considering factors such as interest rates, repayment terms, and collateral requirements. It is also important to develop a detailed business plan and financial projections to present to potential lenders.