What was the total number of Itan outlets at the start of 2022?
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 start of 2022, there were a total of 31 Itan outlets. This number is derived from the sum of franchised and company-owned outlets. Specifically, there were 23 franchised outlets and 8 company-owned outlets at the beginning of 2022.
For a prospective franchisee, this indicates the size and composition of the Itan franchise system at that time. It provides a baseline for understanding the growth and changes within the system over the subsequent years, as detailed in the FDD. The mix between franchised and company-owned stores can also provide insights into Itan's business model and strategic priorities.
It is important to note that this number represents the situation at the very beginning of 2022 and does not reflect any openings, closures, or transfers that may have occurred during that year. Further analysis of the provided tables in Item 20 would be needed to fully understand the dynamics of the Itan outlet network throughout 2022 and beyond.