Itex Franchise FDD, Profits & Costs (2025)
Itex is recognized as one of the leading cashless trade exchange franchises in North America. Established in 1982 in Bellevue, Washington—where its headquarters remain—the brand has built decades of experience in the barter industry.
In 2002, Itex expanded into franchising, giving entrepreneurs the chance to open their own offices and operate trade exchanges using the company’s proprietary systems.
The franchise operates through a digital currency known as Itex dollars. This system enables businesses to exchange products and services without spending cash, helping members save money while attracting new customers.
Franchise owners oversee regional networks of Itex members. Their role includes recruiting businesses, facilitating transactions, and encouraging local participation in the exchange.
Unlike traditional barter setups, Itex provides a streamlined, technology-driven solution that connects businesses across a wide range of industries.
Initial Investment
How much does it cost to start a Itex franchise? It costs on average between $11,000 – $38,000 to start a Itex franchised business.
This includes expenses related to office setup, technology, marketing, and initial working capital. The total investment varies based on factors such as office size, location, and whether the franchisee chooses to lease or purchase equipment and furnishings.
| Type of Expenditure | Amount |
|---|---|
| Team Member Training (optional) | $0 to $3,000 |
| Telephone service, broadband internet service and utilities | $150 to $500 |
| Stationery and promotional materials | $250 to $500 |
| Insurance | $300 to $500 |
| Miscellaneous opening costs | $1,300 to $2,500 |
| Automobile | $500 to $2,500 |
| Additional Funds – 3 Months | $6,000 to $9,000 |
| TOTAL | $10,500 to $37,500 |
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Frequently Asked Questions
How many Itex locations are there?
As of the most recent available data, Itex operates approximately 40 locations in the U.S.
What is the total investment required to open a Itex franchise?
The total investment required to open a Itex franchise ranges from $11,000 to $38,000.
What are the ongoing fees for a Itex franchise?
Itex franchisees do not pay a traditional royalty fee on their revenue. Instead, the system supports local promotion through a co-op advertising program, where approved marketing and business development expenses may be reimbursed up to 50 percent.
This structure allows franchisees to retain more of their earnings while still receiving support for advertising initiatives.
Who owns Itex?
ITEX franchise is owned by ITEX Corporation, a Nevada-incorporated franchisor that operates the ITEX Marketplace and issues franchises.
Disclaimer
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