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iTrip

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2008
  • Franchising Since 2015
  • 114 US Franchises
  • $111,500 - $153,000 Investment Range
  • $2,079,930 Average Gross Revenue
  • 4% - 6.1% Royalty Fee
  • $10,000 Franchise Fee
Pre-qualification Amount

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Franzy Fit Score

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Brand Description

iTrip is a leading property management franchise that has revolutionized the vacation rental industry since 2008. As a technology-driven hospitality company, iTrip provides property owners and travelers with a seamless, professional approach to short-term rental management across popular destinations throughout North America.

The franchise combines innovative property management software, exceptional customer service, and comprehensive marketing strategies to maximize property owners' returns while ensuring guests enjoy outstanding vacation experiences. iTrip franchise owners benefit from a proven business model that includes state-of-the-art booking platforms, dynamic pricing algorithms, and professional cleaning and maintenance services.

What sets iTrip apart is their commitment to both property owners and guests. For owners, they offer peace of mind through their comprehensive management services, including professional photography, strategic pricing, 24/7 guest support, and detailed property care. For travelers, iTrip ensures quality accommodations with spotless cleanliness, responsive customer service, and thoughtful amenities that create memorable vacation experiences.

Each iTrip franchise operates with a local touch while leveraging the power of a national brand. Franchise owners become trusted hospitality experts in their communities, building strong relationships with property owners while delivering exceptional experiences to visitors. With a focus on transparency, professionalism, and customer satisfaction, iTrip has established itself as a respected name in the vacation rental industry, earning consistently positive reviews for their attention to detail and commitment to excellence.

DID YOU KNOW?

How much does it cost to start a franchise with iTrip?

$111,500
$153,000
Did you know that launching your own iTrip vacation rental management franchise requires a total investment of $111,500 to $153,000, which covers everything from the franchise fee to the technology platforms and marketing tools you'll need to start managing short-term rental properties in your local market?
Financial Summary
Franchise Fee
$10,000
Investment Range
$111,500 - $153,000
Investment Midpoint
$132,250
Minimum Cash Required
$111,500
Royalty Fees
4% - 6.1%
Brand Fund
1%
Brand Bragging Rights
Low barrier entry investment model
Established 2008 vacation rental leader
Technology-driven booking platform advantage
Professional property management network
Worry-free guarantee customer protection
115 units across multiple destinations
Financial Analysis
iTrip presents an accessible entry point into the vacation rental management sector with investment requirements of $111,500-$153,000, positioning it as a low-barrier franchise opportunity compared to the sub-sector average of $358,671-$864,312. This significantly lower investment threshold makes it attractive for first-time franchisees or those seeking portfolio diversification without substantial capital commitments.

The vacation rental industry benefits from strong secular trends including the shift toward experiential spending and preference for home-like accommodations over traditional hotels. However, the reported gross revenue of $2,079,930 appears elevated compared to sub-sector averages, requiring careful verification during due diligence as this may represent system-wide rather than unit-level performance.

Established in 2008 with 115 units, iTrip demonstrates reasonable system maturity and steady expansion within the fragmented vacation rental management space. The franchise operates in a technology-driven sector where operational complexity involves property acquisition, guest services, and digital marketing expertise.

Ideal investors should possess hospitality experience, strong local market knowledge, and comfort with technology platforms. The business model requires active management of property relationships and guest satisfaction, making it suitable for hands-on operators rather than passive investors. Territory considerations are crucial given the location-dependent nature of vacation rentals.

Prospective franchisees must thoroughly review the FDD to understand revenue reporting methodology, territory rights, and ongoing operational requirements before making investment decisions.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like iTrip. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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FranFund

Financing Partner

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CRF USA

Financing Partner

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First Bank of the Lake

Financing Partner

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Location Analysis
iTrip demonstrates a strategic regional presence across multiple states, with widespread coverage concentrated primarily in the Southeast. Florida maintains a strong market presence, followed by notable representation in South Carolina, North Carolina, and Alabama, suggesting successful market penetration in vacation-rich coastal regions. The franchise's average rating of 4.04 across numerous customer reviews indicates consistent service quality and customer satisfaction.

The franchise's geographic distribution reveals a focus on tourism-heavy markets, particularly in coastal states, while maintaining an established presence in diverse regions including the Pacific Northwest. This strategic positioning allows franchisees to capitalize on both vacation rental management opportunities and business services needs in high-growth markets.

Potential franchisees should consider locations in underserved vacation markets, particularly in states with strong tourism economies but limited iTrip presence. Ideal locations typically feature: proximity to popular vacation destinations, high seasonal tourist traffic, robust real estate markets, and affluent demographics. The strongest performing locations tend to be in areas with significant second-home ownership and established vacation rental markets.

Expansion opportunities exist in untapped vacation markets across the Northeast and Western states, where similar demographic and tourism patterns match successful existing locations.
Total US Locations115
Open Franchises114
Corporate Locations1
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind iTrip. Learn about the experience and expertise of the executive team guiding iTrip's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving iTrip. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review iTrip's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about iTrip's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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