Question 1

How much does it cost to open a iTrip franchise?

Accepted Answer

The total initial investment for a iTrip franchise ranges from $118K to $153K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the iTrip franchise fee?

Accepted Answer

The initial franchise fee for iTrip is $20K.

Question 3

What are the net worth requirements for a iTrip franchise?

Accepted Answer

Net worth requirements for iTrip are specified in the Franchise Disclosure Document.

Question 4

Does iTrip require a personal guarantee?

Accepted Answer

Yes, iTrip requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a iTrip franchise?

Accepted Answer

Equipment costs for a iTrip franchise range from $0 to $4K.