ITEX
Company Information
13555 SE 36th Street, Suite 210
The franchisor is ITEX Corporation, a Nevada corporation, operating since September 2002, with its principal business address at 13555 SE 36th Street, Suite 210, Bellevue, Washington 98006. It has no parent.
We grant you the right to establish and operate a Franchise office for selling goods and services among ITEX members in the ITEX Marketplace, using the ITEX Marks, and our business method and record keeping software (collectively these are called the "ITEX System"). The ITEX System utilizes the ITEX Marketplace which consists of businesses and to a limited extent, consumers, who have contracted to buy and sell goods and services among themselves. Transactions occur through an organized system regulated by the record keeping and administrative services of ITEX denominated in ITEX dollars (“ITEX Dollars”). We manage the ITEX Marketplace and act as a third-party record-keeper of the transactions entered into by the Members. We also track transactions for tax reporting purposes. We administer the clearinghouse function of the ITEX Marketplace for Members according to the terms and conditions found in the ITEX Member Application, the Member Agreement and the ITEX Marketplace Rules (collectively these are referred to as the “Member Agreement”). The ITEX Marketplace utilizes ITEX Dollars to enable our Members to purchase from and sell their products or services to other Members using ITEX Dollars instead of cash. An ITEX Dollar is an accounting unit used by the ITEX Marketplace to record the value of transactions as determined by the parties to the transaction. ITEX Dollars denote the right to receive goods or services available from other ITEX Members or the obligation to provide goods or services to other Members. ITEX Dollars may be used only in the manner and for the purposes set forth in the Member Agreement and the rules of the ITEX Marketplace. ITEX Dollars are not legal tender, securities or commodities and have no readily determinable correlation to US cash dollars (referred to as “US$” or “cash”). The Marketplace Rules are adopted and disseminated by us to govern transactions and relationships associated with the ITEX Marketplace.
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Franchise Rating
Franchimp Summary Rating
10/10
Investment Accessibility
10/10
Franchise System Development
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Distribution of ITEX Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $0 Maximum: $10,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $9,700 Maximum: $37,700
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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