iTrip, LLC
2035 Lakeside Centre Way, Suite 250
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 |
|---|
Franchimp Summary Rating
7/10
Earning Transparency
7/10
Investment Accessibility
6/10
$738,135 / unit
Average Gross Profit During 2020Real Estate
$1,032,913 / unit
Average Revenue During 2020Real Estate
| Year | Units at Start of Year | Units Opened | Units Terminated | Non-Renewals | Re-Acquired by Franchisor | Ceased Operations | Units at End of Year |
|---|
| # | Name | Position | Phone |
|---|
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.
Secure your E2 visa in the U.S. by investing in this franchise—with down payments starting at just $100k
Learn About E2 Visa OpportunitiesHelp us ensure accurate and up-to-date information by claiming this franchise. Fill out the form below to provide details, and we'll populate the page with your input.
Ask us anything about this Franchise