ITEX FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will own and operate a business that promotes transactional activity in the ITEX marketplace using the ITEX System. The ITEX marketplace allows thousands of member businesses (“Members” or “ITEX Members”) to acquire products and services utilizing ITEX dollars rather than exchanging cash.
Corporate Information
ITEX Corporation is a Nevada corporation. The address of their franchise office is 13555 SE 36th Street, Suite 210, Bellevue, Washington 98006. They have offered franchises in the United States since September 2002.
Investment
The total investment necessary to begin operation of a ITEX franchise ranges from $10,500 to $37,500. The low side of this range excludes the Initial Franchisee Fee of $10,000, which can be reduced to as low as $0 if you satisfy certain specified criteria as described in Item 5.