What was the total number of Itan outlets at the end of 2024?
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 2024, there were a total of 28 franchised outlets and 0 company-owned outlets. This brings the total number of Itan outlets to 28 at the close of 2024.
It is important to note the changes in outlet numbers over the three-year period from 2022 to 2024. For franchised locations, there was a net change of +3 in 2022, -2 in 2023, and +4 in 2024. For company-owned locations, there was a net change of -3 in 2022, 0 in 2023, and -5 in 2024. This indicates a fluctuating number of franchised locations and a decrease in company-owned locations.
A prospective franchisee should pay close attention to these trends. The decrease in company-owned stores could signal a strategic shift towards franchising, or it could indicate challenges in maintaining company-owned operations. The fluctuation in franchised locations could be due to various factors such as terminations, non-renewals, or transfers. Understanding the reasons behind these changes is crucial for assessing the stability and growth potential of an Itan franchise.