factual

What is the purpose of the ACH Agreement for an Itan franchisee?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

ATTACHMENT "E"

TO FRANCHISE AGREEMENT

ACH AUTHORIZATION FORM

[See Attached]

Source: Item 23 — RECEIPT (FDD pages 44–190)

What This Means (2025 FDD)

According to the 2025 Itan Franchise Disclosure Document, Attachment E to the Franchise Agreement is an ACH Authorization Form. While the document mentions the existence of this form, it does not specify the purpose or terms of the agreement.

An ACH (Automated Clearing House) authorization form typically allows a franchisor to directly debit a franchisee's bank account for various fees and payments. This is a common practice in franchising for collecting royalties, marketing fees, and other ongoing charges.

Without further details in the FDD, it is unclear what specific payments Itan will collect via ACH, the frequency of these payments, or any conditions related to the authorization. A prospective franchisee should inquire with Itan about the details of the ACH Authorization Form to fully understand their payment obligations and how they will be managed.

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.