About iTRIP - exempt Franchise
iTRIP is a vacation rental management franchise backed by InhabitIQ, Inc.
that helps property owners maximize the income potential of their short term rental properties.
Organized in Tennessee, the brand provides comprehensive property management services including listing optimization, guest communication, pricing strategy, and maintenance coordination for vacation rental owners.
iTRIP - exempt Franchise Cost & Fees
Minimum Investment
$110K
Average Investment
$130K
Maximum Investment
$150K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $10,000 to $30,000 | One-time payment upon signing |
| Royalty Fee | 4.0% of gross sales | Ongoing; paid monthly |
| Total Investment Range | $110,000 – $150,000 | Includes build-out, inventory, working capital |
The investment range of $110K–$150K reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is 4.0% of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee See Note 1 | $10,000 | $30,000 |
| Software Training and Integration Fee See Note 1 | $25,000 | $25,000 |
| Initial Training Fee See Note 1 | $10,000 | $10,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | The royalty fee will be based on the Total Rental Revenue generated in connectio |
| Technology Fee | $540 |
| Audit Fee | Payable if audit reveals that you have underreported the Total Rental Revenue of |
| Digital Marketing Requirement (Primary Market) | $1,185 |
| Digital Marketing Requirement (Boutique Market) | $960 |
| Direct Mail Requirement | $1,000 |
| Initial Marketing Spend (Primary Market) | $1,500 |
| Initial Marketing Spend (Boutique Market) | $1,000 |
| Logo Items Start- Up Kit Fee | $750 |
| Printed Materials Start-Up Kit Fee | $750 |
| Existing Account Takeover Fee | $2,000 |
| Unit Acceleration Fee | $2,500 |
| Limited Damage Waiver (“LDW”) Program Fees | $59.00 |
| Successor Term Fee | $5,000 |
| Additional Replacement Personnel Training Fee | $1,500 |
| Additional Training Fee | $300 |
| Annual Conference Registration Fee | $499 |
| Additional Email Address Fee | $100 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
iTRIP - exempt Franchise Earnings — Item 19
iTRIP - exempt does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
iTRIP - exempt does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
iTRIP - exempt Litigation & Risk Flags
Clean Litigation RecordiTRIP - exempt has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
iTRIP - exempt System Growth
Total Units
79
Franchised
79
Company-Owned
0
iTRIP - exempt currently operates 79 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 1 | |
| 2020 | 1 | 3 | |
| 2020 | 1 | 5 | |
| 2020 | 0 | 11 | |
| 2020 | 1 | 1 | |
| 2020 | 0 | 1 | |
| 2021 | 0 | 1 | |
| 2021 | 1 | 4 | |
| 2021 | 1 | 6 | |
| 2021 | 0 | 11 | |
| 2021 | 0 | 1 | |
| 2021 | 0 | 1 | |
| 2022 | 1 | 2 | |
| 2022 | 1 | 5 | |
| 2022 | 1 | 1 | |
| 2022 | 1 | 7 | |
| 2022 | 0 | 11 | |
| 2022 | 0 | 1 |
iTRIP - exempt Franchise — FAQ
The total investment to open a iTRIP - exempt franchise ranges from $110,000 to $150,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $10,000 to $30,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
iTRIP - exempt charges a royalty fee of 4.0% of gross sales. These fees are paid on an ongoing basis.
You can download the iTRIP - exempt Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from iTRIP - exempt to ensure you have the most up-to-date version.
iTRIP - exempt does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
iTRIP - exempt has been offering franchise opportunities. The FDD shows an investment range of $110,000-$150,000, a 4.0% royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $10,000 to $30,000 and the total investment ranges from $110,000 to $150,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from iTRIP - exempt and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with iTRIP - exempt or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com