What were the total Itan royalties in 2022?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | |||
|---|---|---|---|---|
| SALES | _ | 1 | ||
| Royalties |
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the total royalties received by Itan in 2022 amounted to $685,019. This figure represents the aggregate royalty payments made by all Itan franchisees to the franchisor during that year. Royalties are typically a percentage of gross sales and are a primary revenue stream for the franchisor.
For a prospective Itan franchisee, this indicates the scale of royalty payments contributed by the franchise system as a whole. Monitoring the trend in royalty income over several years can provide insights into the overall health and growth of the Itan franchise network. An increase in royalties generally suggests growth in system-wide sales, while a decrease might indicate challenges within the franchise system.
It is important to note that this figure represents the total royalties received by Itan and does not reflect the royalty rate or the specific royalty obligations of individual franchisees. Prospective franchisees should refer to the franchise agreement for details on their specific royalty obligations and how they are calculated. Understanding the franchisor's revenue streams can help a potential franchisee assess the financial stability and long-term viability of the Itan franchise system.