What does a iTrip Franchise Cost?
iTrip franchise fees for 2024:
Initial upfront Investment: $55,000 or $75,000
Total Investment, including working capital: $130,000 -
$150,000
Minimum Net Worth: $150,000
Minimum Liquidity: $100,000
Franchise Fee: $10,000 or $30,000
Royalty: 5%
Ad:
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!
Is iTrip a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. iTrip is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is iTrip a Home Based franchise?
Yes. iTrip is a home based franchise opportunity.
What Do iTrip Franchise Owners Make?
Click here to find out how much iTrip franchisees make. iTrip offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is iTrip a Master Franchise Opportunity?
No. iTrip is not a master franchise opportunity.
Does iTrip Offer a Veteran Discount?
Yes. iTrip franchise does offer a veteran discount.
Does iTrip Work with E2 Visa and EB-5 Visa Candidates?
No. iTrip franchise does not work with E2 Visa and EB-5 Visa candidates.
Is iTrip Looking for Franchisees in Canada?
No. iTrip franchise is not looking for Canada franchisees.
Is iTrip Looking for International franchisees?
No. iTrip franchise is not looking for International franchisees.
Where can I see iTrip's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.