ITEX franchise
2025 filing · October 15, 2025Shares sales figures
ITEX at a glance
A local barter marketplace business that signs up member businesses to trade goods and services using ITEX dollars instead of cash.
The business
- Industry
- Business services
- Franchisor
- ITEX Corporation
- The company that sells the franchises
- Franchising since
- 2002
- 23 years of selling franchises
What you pay
- Cost to open
- $10K–$38K
- Fee, build-out and opening working capital
- Franchise fee
- $10,000
- Reduced fees for some buyers
- Royalty
- Revenue share
- No royalty: ITEX collects members' fees and pays you 75% of the cash transaction fees and 35% of the cash association fees from your members (50% and 30% of fees paid in ITEX dollars)
- Brand fund
- None now
- No brand fund
- Agreement length
- 5 years
- Franchisor financing
- Some financing offered
Where it is
- Franchised, 2025
- 33
- As printed in the filing
Support and records
From ITEX Corporation’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
ITEX among all franchises with the same figure.
| Figure | ITEX | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $23,700 | Costs less than 99% of franchises |
| Franchise feePaid once, when you sign | $10,000 | Lower than 95% of franchises |
How much a ITEX franchise costs
Opening one ITEX costs an estimated $9,700 to $37,700. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $10K.
The biggest costs are initial franchise fee ($0 to $10,000) and additional funds – 3 months ($6,000 to $9,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $0 | $10,000 | |
| Travel, lodging and meals for training (Optional. Not) | $0 | $3,000 | |
| Office and computer equipment, software, and | $1,000 | ||
| Office Rent (optional) | $0 | $3,000 | |
| Team Member Training (optional) | $0 | $3,000 | |
| Telephone service, broadband internet service | $150 | $500 | |
| Stationery and promotional materials | $250 | $500 | |
| Insurance | $500 | $700 | |
| Miscellaneous opening costs | $1,300 | $2,500 | |
| Automobile | $500 | $2,500 | |
| Additional Funds – 3 Months | $6,000 | $9,000 | |
| Total | $9,700 | $37,700 | |
Source: ITEX Corporation, 2025 filing, page 12
ITEX franchise fee
The franchise fee is $10,000, reduced fees for some buyers. You pay it when you sign the franchise agreement.
Source: ITEX Corporation, 2025 filing, page 9
Royalty and ongoing fees
| Royalty | No royalty: ITEX collects members' fees and pays you 75% of the cash transaction fees and 35% of the cash association fees from your members (50% and 30% of fees paid in ITEX dollars). |
|---|---|
| Brand or marketing fund | No brand fund |
| Transfer Fee | $2,000 per transfer. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: ITEX Corporation, 2025 filing, pages 18 and 21
Other fees as filed, from page 10. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures ITEX publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: ITEX Corporation, 2025 filing, page 30
How ITEX compares
Of the 324 business services franchises on this site, ITEX is the 10th cheapest to open.
| Figure | ITEX | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $10K | $77K | $222K |
| Cost to open, high end | $38K | $136K | $477K |
| Franchise fee | $10K | $45K | $40K |
| Shares earnings figures | Yes | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2022 | 43 (−6) | 0 |
| 2023 | 36 (−7) | 4 |
| 2024 | 35 (−1) | 0 |
| 2025 | 33 (−2) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Years end July 31.
These figures don't add up as printed: the 2023 counts come to 40, but the filing shows 36. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 4 years, from the start of 2022 to the end of 2025, franchised locations went from 49 to 33 (−16, −33%). The earlier years come from the brand's 2024 filing.
Source: ITEX Corporation, 2025 filing, page 33
2022: ITEX Corporation, 2024 filing, page 32
Where ITEX locations are
At the end of 2025, ITEX had franchised locations in 18 states. The most are in California, Florida and Texas.
- California5
- Florida4
- Texas4
- Alabama2
- Minnesota2
- Nevada2
| State | Franchised |
|---|---|
| California | 5 |
| Florida | 4 |
| Texas | 4 |
| Alabama | 2 |
| Minnesota | 2 |
| Nevada | 2 |
| North Carolina | 2 |
| Washington | 2 |
| Arizona | 1 |
| Colorado | 1 |
All 18 states
| Connecticut | 1 |
|---|---|
| Illinois | 1 |
| Kentucky | 1 |
| Nebraska | 1 |
| New Jersey | 1 |
| Ohio | 1 |
| Oklahoma | 1 |
| Tennessee | 1 |
Source: ITEX Corporation, 2025 filing, page 34
Who owns ITEX?
ITEX franchises are sold by ITEX Corporation. Its filing names no parent company.
From ITEX Corporation’s 2025 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 8. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: ITEX Corporation, 2025 filing, litigation on page 8, bankruptcy on page 8
ITEX filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from ITEX Corporation’s 2025 filing, issued October 15, 2025; the earlier ones below are on record with the NASAA Electronic Filing Depository and the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | October 15, 2025 | NASAA depository | Costs, fees and locations, 2023–2025 |
| 2024 filing | – | Minnesota | Locations, 2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
