iTrip Vacations Franchise Costs & Requirements for 2024

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About iTrip Vacations


Liquid Capital: $55,000

Net Worth Requirement: $250,000

Franchise Fees: $30,000

Royalty: 4% - 6.10%

Training and Support: Available

Home Office: Brentwood, TN

CEO: Steve Caron

iTrip Vacations

Investement Range $111,500 - $153,000


iTrip Vacations stands out as a premier franchise in the short-term vacation and urban rental industry, offering a robust platform for managing rental properties. With a national presence in over 100 destinations and access to more than 80 listing sites, iTrip Vacations presents an exceptional opportunity for entrepreneurs to tap into the rapidly growing market of short-term rentals.

Why Choose iTrip Vacations?

  • Expansive Market Reach: iTrip Vacations has a national footprint, operating in over 100 destinations, which allows franchisees to capitalize on a broad customer base and diverse locations.
  • High Visibility and Bookings: Through partnerships with major platforms like Airbnb, Vrbo, and Booking.com, properties managed by iTrip enjoy enhanced visibility and increased bookings, maximizing revenue opportunities.
  • Home-Based Business Model: Franchisees can operate their business from home, enjoying flexibility and eliminating the need for commercial office space. This model reduces overhead costs and allows for a more manageable work-life balance.
  • Strong Earning Potential: With six uncapped, residual income streams, iTrip offers franchisees executive-level income potential, supported by a model that fosters long-term financial growth.
  • Ongoing Training and Support: iTrip Vacations is committed to franchisee success, providing ongoing training, support, and research to ensure operations remain seamless and aligned with industry standards.
  • Advanced Technology and Marketing: Franchisees benefit from an award-winning, high-tech approach, with digital and social media marketing provided to support business growth and operational efficiency.
  • Resilient Business Model: The iTrip franchise model is designed to be resistant to economic downturns, offering stability and security for franchisees.

Ideal Franchisee Profile

iTrip Vacations seeks motivated individuals who are ready to dive into the thriving short-term rental market. Ideal candidates should have:

  • Strong Business and Marketing Skills: Ability to effectively manage and promote a property management business using iTrip’s proven systems and tools.
  • Customer Service Excellence: A commitment to providing top-notch service to property owners and guests, ensuring a high-quality experience and repeat business.
  • Entrepreneurial Spirit: Driven to build a business and be your own boss, with the desire to work in a lifestyle-oriented business that offers both freedom and flexibility.
  • Financially Prepared: Candidates should have the financial capacity to invest in the franchise, with a net worth of at least $200,000 and liquid capital of $55,000.

 

Searching for more information? Download the 2024 iTrip Vacations Franchise Disclosure Document FDD below.

iTrip Vacations FDD 2024

 

 

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