Franopolis
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    Franchise opportunities compared

    iTRIP vs Property Management Inc.

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    iTRIP2026 FDDProperty Management Inc.2026 FDD

    Initial investment · Item 7

    iTRIP

    $119,400 – $153,000

    2026 FDD · Item 7 · PDF p. 29

    Property Management Inc.

    $102,439 – $165,975

    2026 FDD · Item 7 · PDF p. 24

    Initial franchise fee · Item 5

    iTRIP

    Not available

    Property Management Inc.

    $69,900

    2026 FDD · Item 5 · PDF p. 10

    Royalty · Item 6

    iTRIP

    4%

    2026 FDD · Item 6 · PDF p. 13

    Property Management Inc.

    5%

    2026 FDD · Item 6 · PDF p. 11

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (iTRIP: 5, Property Management Inc.: 11). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    iTRIP

    $119,400 – $153,000
    Total estimated initial investment: $119,400–$153,000
    2026 FDD · Item 7 · PDF p. 29

    Property Management Inc.

    $102,439 – $165,975
    Total estimated initial investment: 102,439–165,975
    2026 FDD · Item 7 · PDF p. 24
    Standard initial franchise fee (Item 5)

    iTRIP

    Not available
    No single standard fee identified

    Property Management Inc.

    $69,900
    2026 FDD · Item 5 · PDF p. 10
    Royalty (Item 6)

    iTRIP

    4%
    Royalty rate minimum
    2026 FDD · Item 6 · PDF p. 13

    Property Management Inc.

    5%
    Royalty: 5.0% of Brokerage Revenue plus tiered percentage of Gross Revenue
    2026 FDD · Item 6 · PDF p. 11
    Brand / advertising fund (Item 6)

    iTRIP

    1%
    iTrip Brand Fund Contribution maximum rate — 1%
    2026 FDD · Item 6 · PDF p. 16

    Property Management Inc.

    2%
    National Marketing Fund contribution: 2.0% of Gross Revenue — 2%
    2026 FDD · Item 6 · PDF p. 11

    System scale & health

    Total outlets (Item 20)

    iTRIP

    106
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 72

    Property Management Inc.

    406
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 62
    Net outlet change (Item 20)

    iTRIP

    −9
    Calculated: 115 at end of 2023 → 106 at end of 2025

    Property Management Inc.

    +30
    Calculated: 376 at end of 2022 → 406 at end of 2025
    Outlet exits (Item 20)

    iTRIP

    Not available
    No complete exit records for a year

    Property Management Inc.

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    iTRIP

    Not available
    Not in reviewed records

    Property Management Inc.

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    iTRIP

    Not available
    Not in reviewed records

    Property Management Inc.

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    iTRIP
    Locations counted not stated in the reviewed record — All Representative Franchisees; 82 franchisees total across all groups
    $239,537,605
    other All Representative Franchisees total rental revenue
    2026 FDD · Item 19 · PDF p. 70
    Locations counted not stated in the reviewed record — Representative Franchisees Operating within a Single Territory; 82 franchisees…
    $173,239,430
    other Representative Franchisees Operating within a Single Territory total rental revenue
    2026 FDD · Item 19 · PDF p. 70
    Locations counted not stated in the reviewed record — Representative Franchisees Operating within Two Territories Each; 82 franchisee…
    23 territories
    other Representative Franchisees Operating within Two Territories Each territories
    2026 FDD · Item 19 · PDF p. 70
    +2 more groups in the full report
    Property Management Inc.
    Locations counted not stated in the reviewed record — Residential
    $2,069
    other Table 1 average annual income per Residential revenue/door: $2,069
    2026 FDD · Item 19 · PDF p. 58
    Locations counted not stated in the reviewed record — Commercial
    $1,282
    other Table 1 average annual income per Commercial revenue/Commercial Unit: $1,282
    2026 FDD · Item 19 · PDF p. 58
    Locations counted not stated in the reviewed record — Multifamily included in Residential
    3 franchises
    other Three Multifamily franchises included with Residential
    2026 FDD · Item 19 · PDF p. 58
    +8 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    iTRIP vs Property Management Inc.: common questions

    Which costs less to open, iTRIP or Property Management Inc.?
    iTRIP: $119,400 – $153,000 (2026 FDD · Item 7 · PDF p. 29); Property Management Inc.: $102,439 – $165,975 (2026 FDD · Item 7 · PDF p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Property Management Inc.. Estimates are not quotes, and the FDD years may differ.
    How do iTRIP and Property Management Inc. royalties compare?
    iTRIP: 4% (2026 FDD · Item 6 · PDF p. 13); Property Management Inc.: 5% (2026 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, iTRIP or Property Management Inc.?
    iTRIP: 106 (2026 FDD · Item 20 · PDF p. 72); Property Management Inc.: 406 (2025 FDD · Item 20 · PDF p. 62). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do iTRIP and Property Management Inc. disclose financial performance (Item 19)?
    iTRIP has reviewed Item 19 figures for 5 location groups; Property Management Inc. has reviewed Item 19 figures for 11 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full iTRIP report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Property Management Inc. report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    FDD glossary

    Plain-language meaning of each Item