iTrip Vacations
- Units as of 2020
-
84 (3 years)189.7%
- 2020 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$129K - $148K
What Can a Franchise Advisor Do for You? What Can a Franchise Advisor Do for You?
Company Overview
About iTrip Vacations
- Industry
- Business Services
- Related Categories
- Property Management, Business Services,
- Founded
- 2008
- Parent Company
- InhabitIQ
- Leadership
- Steve Presley, Founder and CEO
Franchising Overview
- Franchising Since
- 2015 (6 years)
- # of employees at HQ
- 25
- Where seeking
- Franchisor is seeking new franchise units throughout the U.S.
- # of Units
- 84
Information for Franchisees
Here’s what you need to know if you’re interested in opening a iTrip Vacations franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $30,000 - $30,000
- Initial Investment
- $129,075 - $148,375
- Net Worth Requirement
- $250,000
- Cash Requirement
- $200,000
- Royalty Fee
- 5%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 28 hours
- Classroom Training
- 21 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
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