Growth Club
1851 Growth Club
discover your franchise opportunity with
iTrip - Property Management
Franchise Information
Franchise Industry
Entertainment, Home Services
Started Franchising
2015
Headquarters (City, State)
Brentwood, TN
Number of Locations
Total U.S. Locations
116
U.S. Franchised Units
115
U.S. Corporate Units
1
Investment Information
Investment Range
$100,000 - $249,999
Franchise Fee
$30,000
Royalty and Marketing Fees
6.1% and N/A
Gross Revenue
$2,003,457*
About iTrip - Property Management
Trip is a leading franchise in short-term rental property management, operating in over 100 destinations. It combines local ownership with national brand strength, leveraging technology to list properties on over 100 booking sites like Airbnb and Vrbo, maximizing exposure and bookings! iTrip offers comprehensive services including guest communication, maintenance, and real-time financial reporting through proprietary SAAS, simplifying property management for owners. Franchisees receive extensive training and support in operations, customer service, digital marketing, and revenue management, preparing them for success in the short-term rental market. iTrip’s model is ideal for entrepreneurs looking for a scalable business with robust support and a community of experienced operators. This turnkey solution enables franchisees to manage properties efficiently and capitalize on the growing trend of short-term rentals.
- Financials
Franchise Highlights
iTrip operates on a well-established model specializing in property management within the rapidly growing short-term rental industry. This model includes a comprehensive support system and a proven track record of success, which can be very attractive for new franchisees seeking a reliable and tested business opportunity.
iTrip leverages advanced proprietary technology that integrates seamlessly with major booking platforms. This technology suite improves operational efficiency, enhances guest satisfaction, and maximizes revenue for franchise owners by ensuring properties are competitively priced and well-marketed across numerous channels.
As part of a nationally recognized brand, franchisees benefit from a collective marketing strategy that boosts visibility and attracts both property owners and short-term rental guests. This brand strength is vital for building trust and establishing a foothold in local markets.
iTrip offers extensive training and ongoing support to its franchisees, covering all aspects of running a vacation property management business, from operations and finance to marketing and customer service. This ensures that franchisees are well-equipped to manage their businesses effectively and can adapt to evolving market demands.
Frequently asked questions
iTrip is NOT an absentee-model. This will not work for someone who is NOT looking to invest 100% of their time initially. As the franchisee grows, there’s a possibility that it could become more passive by hiring employees.
Ideal Candidate
An ideal candidate for iTrip must live in an available territory and be seeking a full-time business opportunity. They should have at least 10-15 years of professional or business experience and possess strong business acumen. This role is suitable for U.S. citizens only, as iTrip does NOT currently accept candidates holding E2 visas or Green Cards.
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