Cash Investment (Liquid): $75,000
Minimum Investment: $105,000
Maximum Investment: $150,000
Minimum Net Worth: $150,000
Franchise Fee: $30,000
Average # of Employees: 0-3
Royalty Type: Flat Percentage Fee
Royalty Fee Structure:
5% of gross rental revenue
Ad Fee Structure:
$1725 per month for SAAS Software and Digital Marketing
Year Established: 2008
Year First Franchised: 2015
B2B / B2C:
iTrip Vacations is a full service vacation rental and property management company. They serve the $30 Billion North American vacation rental marketplace. This is a great lifestyle business.
iTrip Vacations rentals now represents over 30% of the hospitality industry and gaining more market share each year. iTrip Vacations is the industry leader.
No Building to Lease
No Accounts Receivables
No Special Equipment
Here's what we do to help franchise owners drive growth and exposure:
• List our rental properties on over 80 websites, including Airbnb, Booking.com, HomeAway, TripAdvisor and VRBO.
• Manage email drip campaigns that target/retarget prospective rental guests who have received a quote. Our remarketing efforts alone result in 3-4% more bookings.
• Conduct paid and unpaid marketing to prospective property owners candidates using multiple platforms.
• Implement sophisticated search engine optimization (SEO) and search engine marketing (SEM) processes that drive users to the iTrip site.
• Send bimonthly newsletters with special rental rates to over 300,000 subscribers.
• Offer direct mail sales materials and templates created by professional designers.
• Provide daily social media exposure on Facebook, Twitter, Instagram, Pinterest, LinkedIn and YouTube.
• Create destination-specific content that showcases the area's attractions, restaurants, things to do and more.
iTrip Vacations provides franchisees these tools -- and much more -- as part of our proven business model. For over 10 years, we have helped short-term vacation and urban property management franchises generate a residual, uncapped revenue stream in an industry experiencing tremendous growth.
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