iTrip Franchise — Veteran Cost & Requirements (2026)
Turn vacation homes into profitable investments as a full-service property management franchise. Build a lifestyle business managing short-term rentals in your chosen destination, backed by industry-leading tech and proven systems.
Investment at a Glance
Military Fit Score
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What Is iTrip?
iTrip is a full-service, short term, vacation rental property management services provider. With properties under management in over 100 destinations, our mission is to provide individual franchise owners industry-leading technologies and automation, proven processes and expansive marketing strategies, so they create a successful lifestyle business where they want to live and work.
Home-based short-term rental property management franchise operating in seasonal and urban destinations across North America.
Quick Facts
Founded
2008
Franchising Since
2015
Total Locations
109+
Headquarters
Tennessee
Location Type
Commercial Location
Semi-Absentee
No
SBA Approved
Yes
iTrip Franchise Cost Breakdown (2026)
The total investment to open a iTrip franchise starts at $117,500. Here's what that covers and what you'll need to qualify.
Investment Breakdown
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $10,000 | $30,000 |
| Software Training and Integration Fee | $25,000 | $25,000 |
| Initial Training Fee | $10,000 | $10,000 |
| Initial Operational Support Fee | $10,000 | $10,000 |
| Software License Fee | $540 | $540 |
| Logo Items Start-Up Kit Fee | $750 | $750 |
| Printed Materials Start-Up Kit Fee | $750 | $750 |
| Direct Mail Requirement | $1,000 | $1,000 |
| Digital Marketing Requirement (Boutique Market and Primary Market) | $960 | $1,185 |
| Chamber of Commerce Fee | $200 | $500 |
| Approved Vehicle | $0 | $5,000 |
| Travel and Living Expenses During Initial Training | $4,000 | $4,000 |
| Insurance Premium (Annual Amount) | $6,000 | $6,000 |
| Business License and Permits | $400 | $400 |
| Other Professional Fees | $3,000 | $3,000 |
| Office Equipment, Computer System, Software and Related Supplies | $0 | $4,000 |
| Initial Marketing Spend | $1,000 | $1,500 |
| Additional Funds, 3 Months | $43,600 | $49,375 |
The initial investment starts with a franchise fee of $10,000 for boutique markets or $30,000 for primary markets, plus essential startup costs including software integration ($25,000), training ($10,000), and operational support ($10,000). The total investment ranges from $117,500 to $153,000, which includes three months of working capital to get your business established. Ongoing fees include a royalty of 4-6.1% of rental revenue, a technology fee of 540 monthly, and marketing requirements ranging from 960 to $1,670 per month depending on your market size. There's also a potential 1% ad fund fee when established. We'll map out your specific market's requirements and total investment picture during your consultation.
Beyond your initial investment, you'll pay a 4.0% - 6.1% (based on commission tier) royalty on gross sales plus a Up to 1% of Total Rental Revenue (when formed) marketing contribution. The true monthly cost of ownership includes additional fees most buyers don't account for until they're already in.
→ We break down your realistic monthly overhead during your consultation.
What Do iTrip Franchise Owners Make?
iTrip includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system.
iTrip includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system. Not every franchise provides this level of transparency. The fact that iTrip does tells you something about their confidence in franchisee performance. But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.
Not every franchise provides this level of transparency. The fact that iTrip does tells you something about their confidence in franchisee performance.
But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.
Want the Full Financial Picture?
We've analyzed iTrip's FDD and can walk you through what the numbers actually mean for someone with your background and budget.
See If This Franchise Fits Your GoalsFree 30-min consultation. We earn nothing unless you find the right fit.
Why Veterans Succeed with iTrip
This business is about building systems and managing relationships - two things you've likely mastered through service. The key isn't doing everything yourself; it's creating reliable processes and leading a team of service providers to deliver consistent results. Sound familiar? What makes iTrip different is the focus on both hospitality and asset management. You're not just running a cleaning service - you're helping property owners maximize their investment while ensuring guests have memorable stays. It's about seeing the big picture while maintaining attention to detail, balancing multiple priorities, and building trust with stakeholders.
Military Fit Analysis
Military Fit Score
Best Suited For
If you've managed complex operations, coordinated multiple teams, or handled logistics, you'll recognize familiar patterns here. Experience in personnel management or operations oversight translates well to building and maintaining your service provider network. Those who excelled in roles requiring both leadership and technical proficiency will find this business particularly natural.
🎖️ Veteran & Military Discount
iTrip participates in the VetFran program and offers discounts on the franchise fee for qualified veterans, active duty, and military spouses.
10% Discount on Franchise Fee
This discount applies to the initial franchise fee. Combined with SBA veteran loan programs and VA small business resources, your actual out-of-pocket investment could be significantly lower than the listed range.
→ We calculate your true cost — including available discounts, financing options, and veteran-specific programs — during your consultation.
Is iTrip the Right Franchise for Your Background?
Every veteran's transition is different. Your MOS, leadership experience, and financial goals all factor into which franchise makes sense. We've helped veterans across every branch find franchise businesses that match their strengths — not just their budget.
Find Your Franchise FitTalk to a veteran franchise consultant who's been where you are.
iTrip Training & Support
The franchisor offers an initial training program for the franchisee and up to one additional person. This training covers the use of proprietary software and web hosting program and is provided prior to the initial launch and opening of the franchised business.
Frequently Asked Questions About iTrip
How much does a iTrip franchise cost?
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Does iTrip offer a veteran or military discount?
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Is iTrip a home-based franchise?
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Can you run a iTrip franchise semi-absentee?
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What do iTrip franchise owners make?
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Is iTrip a good franchise for veterans?
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What is iTrip's FDD and where can I read it?
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Your Next Chapter Starts with a Conversation
You've done the research. You've looked at the numbers. Now the question is whether iTrip — or one of 500+ franchises in our network — is the right fit for where you're headed.
In 30 minutes, we'll cover:
- Whether this franchise matches your skills & goals
- What the FDD reveals that most buyers miss
- Your true cost after veteran discounts & financing
- 2-3 alternative franchises worth comparing
Free. No obligation. Veteran to veteran.
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