iTrip

iTrip

Information based on 2024 FDD

Business Services · Other Business Services

Investment min
$112K
Total: $112K–$153K
Avg gross revenue
$2M
Unit-level, 2024
Franchise fee
$10K–$30K
Per current disclosure
Royalty
4% - 6.1%
Locations
114
Franchising since 2015

Description

What is iTrip?

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.
  • 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

Location Analysis

Where iTrip wins

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 locations
115
Franchise units
114
Corporate locations
1
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind iTrip

Avg gross revenue$2,079,930
Investment range$111,500 – $153,000
Investment midpoint$132,250
Brand fund1%
Royalty4% - 6.1%
Franchise fee$10,000–$30,000
Min. net worth
Min. liquid capital
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.
Did you know? 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?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$112K–$153K
Most common
$111,500
Minimum
$132,250
Midpoint
$153,000
Maximum

Per FDD Item 7, total initial investment ranges from $111,500 to $153,000. The midpoint $132,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$3M$2M$2M$1M$600KN/A
$2M
$3M
$2M
2022
2023
2024
Avg
$2M
YOY change (2023 -> 2024)
-22%

According to Item 19 of the Franchise Disclosure Document, iTrip has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+17% YoY
1501209060300
2017
2018
2019
2020
2021
2022
2023
2024
115 units open as of 2024 FDD+17 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for iTrip's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a iTrip franchise typically ranges between $111,500.00 and $153,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

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.

iTrip
iTrip
$2M avg revenue · 114+ US franchises

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