iTRIP
We provide property management and online listing services for vacation and other rental properties on behalf of property owners. We help clients find and secure short-term rental guests, manage digital marketing, and deliver related services authorized for the business. Our business is a service-based operation focused on short-term rental properties within a designated local territory. We use our proprietary software, website hosting program, and operating system to manage listings, communications, and day-to-day operations. We also work with related tools and services such as booking site connections, payment processing, revenue management, and guest travel and damage insurance.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEO
- Headquarters205 Powell Place, Brentwood, TN, 37027
- Year founded2015
- Year started franchising2015
- IndustryLodging & Hospitality
- Locations open115 (+33 last three years)
Statistics & metrics
- Investment range$111,500 - $153,000
- Franchise fee$10,000
- Royaltya minimum of four percent (4%) and a maximum of six and one tenth percent (6.1%) of each Client’s Total Rental Revenue
- Brand fundUp to 1% of Total Rental Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about iTRIP, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the iTRIP franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a iTRIP franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a iTRIP franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by iTRIP. | |
| Financial Performance Representations | Review any financial performance information iTRIP provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 115 |
| Franchise locations | 114 |
| Corporate locations | 1 |
System growth over time
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