About ITEX Retail Trade Exchange Franchise
ITEX Retail Trade Exchange operates the ITEX Marketplace, a unique system where businesses exchange products and services using ITEX Dollars instead of cash.
Franchisees are responsible for enrolling new member businesses, training them on the system, and facilitating their transactions.
This model primarily targets businesses with fewer than 10 employees, as well as those with low variable costs or excess capacity like hospitality and media.
ITEX Retail Trade Exchange Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $5,000 to $10,000 | One-time payment upon signing |
| Royalty Fee | N/A | Ongoing; paid monthly |
| Total Investment Range | $10,500 – $37,500 | Includes build-out, inventory, working capital |
The investment range of $11K–$38K reflects variability in build-out costs, store size, lease terms, and market.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $0 | $10,000 |
| Travel, Lodging and Meals for Training | $1,000 | $3,000 |
| Office and Computer Equipment, Software, Materials and Supplies | $1,000 | $3,000 |
| Office Rent | $0 | $3,000 |
| Team Member Training (optional) | $0 | $3,000 |
| Telephone Service, broadband internet service and Utilities | $150 | $500 |
| Stationery and Promotional Materials | $250 | $500 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $2,000 |
| Renewal Fee | $5,000 |
| Technology Fee | $1,000 |
| Set-Up Fee (1) | $50 |
| Collection Fee (1) | Any cash amounts received from Members whose accounts are submitted for collecti |
| ITEX Dollar Credit Line Fee (1) | 0.5% of negative ITEX Dollar balance at the end of any cycle |
| Travel, Lodging and Meals for Training | $1,000 |
| Office Rent | $0 |
| Team Member Training (optional) | $0 |
| Telephone Service, broadband internet service and Utilities | $150 |
| Stationery and Promotional Materials | $250 |
| Insurance | $300 |
| Miscellaneous Opening Costs | $1,300 |
| Automobile | $500 |
| Additional Funds – 3 Months | $6,000 |
| TOTAL | $10,500 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are in good standing, you may renew for periods of 5 years under the terms of our then-current franchise agreement forms. |
| Termination for Cause | We can terminate you for uncured default under the franchise agreement, for failure to meet performance standards, or for an event of non-curable default (see h). |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
ITEX Retail Trade Exchange Franchise Earnings — Item 19
ITEX Retail Trade Exchange does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
ITEX Retail Trade Exchange Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
ITEX Retail Trade Exchange System Growth
ITEX Retail Trade Exchange currently operates 58 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 58 | ||
| 2019 | 0 | ||
| 2019 | 58 | ||
| 2020 | 56 | ||
| 2020 | 0 | ||
| 2020 | 56 | ||
| 2021 | 49 | ||
| 2021 | 0 | ||
| 2021 | 49 |
ITEX Retail Trade Exchange Franchise — FAQ
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