What was the total number of Itan outlets at the end of 2023?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
| TABLE 1 - SYSTEM-WIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024 | ||||
|---|---|---|---|---|
| Outlet Type | Year | Net Change | ||
| Franchised | 2022 | 23 | 26 | +3 |
| 2023 | 26 | 24 | -2 | |
| 2024 | 24 | 28 | +4 | |
| Company-Owned | 2022 | 8 | 5 | -3 |
| 2023 | 5 | 5 | 0 | |
| 2024 | 5 | 0 | -5 | |
| Total Outlets | 2022 | 31 | 31 | 0 |
| 2023 | 31 | 29 | -2 | |
| 2024 TABLE 2 - TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024 State | 29 | 28 | -1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–43)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, at the end of 2023, there were a total of 29 Itan outlets. This number is derived from the system-wide outlet summary which includes both franchised and company-owned locations. Specifically, the FDD indicates that there were 24 franchised outlets and 5 company-owned outlets at the close of 2023.
For a prospective franchisee, this information provides a snapshot of the Itan system's size and composition. It shows the relative proportion of franchised versus company-owned locations, which can offer insights into Itan's business model and strategic priorities. A higher number of franchised locations might suggest a greater emphasis on franchisee-led growth, while a significant number of company-owned stores could indicate a desire to maintain direct control in certain markets or to pilot new initiatives.
It is important to note that the total number of outlets decreased by 2 from 2022 to 2023. This could be due to closures, terminations, or other factors. Reviewing the trends in outlet numbers over several years, as presented in the FDD, can help potential franchisees understand the stability and growth trajectory of the Itan franchise system. Further investigation into the reasons behind any fluctuations in outlet numbers would be a prudent step in evaluating the franchise opportunity.