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iTrip Franchise Opportunity

See States, USA
Minimum Investment

$55,000

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Established

2008

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Franchise Units

109

payments

Minimum Investment

$55,000

payments

Franchise Fee

$30,000

payments

Total Investment Range

$153,000

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Home Based

Yes

Description

iTrip Vacations is a leading short-term rental property management franchise with over 100 franchisees operating in 100+ vacation destinations across the U.S. and beyond. Leveraging cutting-edge technology, iTrip offers franchisees a scalable, home-based business model that requires no employees to start and comes with 15+ years of proven success. With over 107,000 bookings last year alone, iTrip empowers entrepreneurs to deliver seamless guest experiences and maximize revenue for property owners.

Franchisees benefit from comprehensive training, ongoing support, and proprietary systems that automate marketing, bookings, and property management tasks. iTrip is seeking full-time, U.S.-based professionals with 15+ years of business experience and a passion for service and hospitality


Background

Established: 2008
First Unit Franchised: 2015
Franchised Units: 109+
Company Owned Units: 1
States Registered In: Every state except North Dakota & Delaware
Canada Franchises: No
International Franchises: No


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Support Training

Program details:

  • 3-weeks of intensive and personalized training/onboarding
  • 12-months of operational assistance and support
  • Ongoing training and support at no additional cost
  • Operations manual + online LMS (Learning Management System: iTripUniversity.com)
    Lodging and airfare included: NO
    Site Selection Assistance: YES
    Lease Negotiation Assistance: N/A
    Mentor following training: YES; continuous training and support 
    Length of franchisee mentorship: On-going and personalized through webinars, meetings, conferences, etc.



Ideal Candidate

Primary driver for success is to attract properties to bring under management. Franchisor assists with this endeavor through numerous resources, technology, and proven processes. Franchisee will network within their market to attract properties, as well. Franchisees oversee vendor partnerships such as cleaning, linen turnover and light maintenance for properties under management. Franchisees serve as the key contact for property owners and rental guests.

OUR IDEAL FRANCHISEE

  • 15+ years of business and/or sales experience.
  • Wants to work for themselves but not by themselves.
  • Excited about hard-work and does not want to take too much of a risk.
  • Seeks a flexible, lifestyle-oriented business.
  • Lives in the market or within a 40-minute drive.
  • Ready to pursue business ownership in 8 months or less.


Financial Detail

Initial upfront Investment: $55,000 or $75,000

Total Investment, including working capital: $111,500 - $153,000

Minimum Net Worth: $200,000

Minimum Liquidity: $100,000

Franchise Fee: $10,000 or $30,000

Royalty: 4-6.1%

Average Number of Employees: 0 (owner-operator)

Item 19: Yes (very strong)

Visa Candidates: No

Passive Ownership: No

Home Based: Yes

B2B: No

Master Franchise Opportunities: No

Veteran Discount: YES!



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iTrip Franchise Opportunity

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