Franchise Database (Updated ) | FranChimp

iTrip Vacations

iTrip, LLC

Company Information

2035 Lakeside Centre Way, Suite 250

www.trip.net

[email protected]

iTRIP, LLC was organized under the laws of Tennessee as a limited liability company on June 2, 2015. Their principal business address is at 205 Powell Place, Suite 309, Brentwood, Tennessee 37027. They only do business under their corporate name and their proprietary marks, including the marks iTRIP and iTRIPVACATIONS. They first began offering franchises for the right to operate a Franchised Business as of July 15, 2015.

Your Franchised Business will be authorized to offer and provide the Approved Services, as well as any merchandise and other items that we authorize to sell in conjunction with the Approved Services (the “Approved Products”) to Clients. Franchisees will charge a management fee to such Clients, for Approved Services; renderedht the Clients property(ies) (the “Management Fee”). Your Franchised Business will be operated using our Proprietaiy Marks and in accordance with our proprietaiy operating system, which includes our valuable know how, information, trade secrets, methods, confidential operations manual (the “Operations Manual”) and other proprietaiy manuals we may loan to you (collectively, the “Manuals”), standards and specifications, marketing and Sales programs, fixture and furniture selection, sMfing guidelines and ohier research and development connected with the establishment and operation of a Franchised Business (collectively, the “System”), which we may modify from time to time as we deem appropriate in our sole discretion. You will also be required to use the Customized and proprietary software system and web hosting methodology that we currently designate for use in connection with; the provision of the Approved Services (collectively, the “Proprietary Software and Website Hosting Program”),

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

7/10

Earning Transparency

7/10

Investment Accessibility

6/10

Summary of potential earnings

Average Gross Profit Per Unit

$738,135 / unit

Average Gross Profit During 2020
Franchise Type:

Real Estate

Average Revenue Per Unit

$1,032,913 / unit

Average Revenue During 2020
Franchise Type:

Real Estate

$766,806

Industry Low

$1,032,913

Industry High

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Distribution of iTrip Vacations Franchisee

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $55,540 Maximum: $75,540

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: $110,000 Maximum: $150,000

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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