factual

Within how many days after Itan approves my site must the lease and Lease Addendum be signed?

Itan Franchise · 2025 FDD

Answer from 2025 FDD Document

We do not review the terms of your lease. If you lease the premises for your Salon, you must use best efforts to cause your landlord to sign the Lease Addendum attached to the Franchise Agreement as ATTACHMENT "C". The Lease Addendum is designed to protect our interests. If your landlord refuses to sign the Lease Addendum in substantially the form attached to the Franchise Agreement, we may either (a) waive the Lease Addendum requirement (or the provisions disapproved by the landlord) or (b) require you to find a new site for your Salon. You and the landlord must sign the lease and Lease Addendum within 60 days after we approve your site.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 22–31)

What This Means (2025 FDD)

According to Itan's 2025 Franchise Disclosure Document, a prospective franchisee and their landlord must sign the lease and Lease Addendum within 60 days after Itan approves the site.

It is important to note that Itan does not review the terms of the lease itself. However, franchisees are expected to exert their best efforts to ensure the landlord signs the Lease Addendum, which is attached to the Franchise Agreement. This addendum is specifically designed to protect Itan's interests in the leased property.

If the landlord refuses to sign the Lease Addendum in its original form, Itan has the option to either waive the requirement for the addendum or specific provisions within it, or require the franchisee to find a new site for their Itan salon. This clause underscores the importance of site selection and lease negotiation in the franchising process.

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.