How many ITEX franchise locations are there?

As of the 2024 FDD, ITEX has 35 franchise locations. The company has been franchising since 2002.

Is ITEX a good franchise to buy?

ITEX shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

ITEX

FDD Year:

ITEX Corporation operates a barter marketplace where member businesses exchange products and services using ITEX Dollars instead of cash, with the franchisor providing record-keeping, transaction processing, and administrative services while generating revenue through percentage-based fees, association fees, and other charges. Franchisees establish and operate local offices using the ITEX System and Marks to promote the marketplace to businesses, earning commissions primarily in cash and partly in ITEX Dollars from assigned members. The target market consists primarily of small businesses with fewer than 10 employees.

Locations

$10K–$38K

Investment

Since 2002

Franchising

ServicesBellevue, WAwww.itex.comDisclaimer

Franchise Costs

Franchise Fee

$10,000

Item 5 of FDD

Initial Investment Range

$9,700 – $37,700

Low: $9,700High: $37,700

Item 7 of FDD

Royalty Rate

N/A

Brand Fund

N/A

Item 6 of FDD

No ongoing royalty or brand fund fees. Other fees include $50 cash set-up per Member (if not on autopay), $5,000 renewal fee, $2,000 transfer fee, and various administrative costs.

Financial Performance

Item 19 Financial Performance

Data Based On: Historical financial performance of existing franchisees for the fiscal year ended July 31, 2024, based on 13 cycles.

* The document describes the methodology for calculating average and median commission figures based on a table, but the actual table containing these financial figures (average, median, and potentially segmented revenue) is not present in the provided image or OCR text. Therefore, no numerical financial performance data could be extracted.

Extracted Item 19 Section

How ITEX Compares

Key Insights

Lower investment than 96% of Business Services franchises

Franchise	Investment	Fee	Royalty	Locations
ITEX Current	$10K – $38K	$10K	N/A	35
Bimbo Foods Bakeries Distribution, LLC	$14K – $607K	N/A	N/A	6,454
THE UPS STORE (TRADITIONAL)	$216K – $609K	$30K	5.0%	4,500
JACKSON HEWITT TAX SERVICE	$71K – $105K	$25K	15.0%	2,744
CRUISE PLANNERS	$2K – $21K	$11K	3.0%	2,655
SERVPRO (UNIT)	$259K – $380K	$100K	10.0%	2,286
Business Services Average 188 franchises	$118K – $284K	$46K	10.4%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.