iTRIP FDD Summary
Type of Business
The franchisor offers qualified individuals and entities a franchise for the right to independently own and operate a business that: offers and provides property management and online listing services for vacation or other rental properties on behalf of the property owner, assistance to such Clients in connection with finding and securing potential third-party renters to lease such Clients’ respective property(ies), certain digital marketing services, and (d) other related services that the franchisor authorizes.
Corporate Information
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.
Investment
The total investment necessary to begin operation of a single iTrip Location ranges from $123,400 to $142,700. This includes $73,000 that must be paid to the franchisor or their affiliates prior to opening.