Itex is a North American leader in cashless trade exchanges. The franchise was founded in 1982 in Bellevue, Washington, where it is still headquartered today. Itex began offering franchise opportunities in 2002, enabling entrepreneurs to operate their own trade exchange offices using Itex's proprietary systems.
The company allows businesses to trade goods and services using a unique digital currency called Itex dollars, helping members preserve cash while growing their customer base.
Franchisees manage local Itex member networks and earn revenue from transaction fees and membership dues. They are responsible for signing up businesses, facilitating trades, and promoting local activity within the exchange. What sets Itex apart is its established digital currency platform and reputation in the barter industry.
Unlike traditional barter networks, Itex offers an organized, tech-driven system that supports businesses across multiple industries. Members can use Itex dollars to buy from and sell to other businesses in the nationwide network, which increases liquidity and business opportunities.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
The franchise offered by Itex includes a comprehensive training program designed to prepare franchisees for successful operation. Here are the key training components provided by the Franchisor:
The franchise offered by Itex does not provide territory protection to its franchisees. According to the Franchise Agreement, franchisees are not granted exclusive territorial rights, nor are they given the ability to exclude or control the placement of other franchises or distribution channels within any geographic area.
The franchisor retains the right to open or approve new franchise locations anywhere, including areas near an existing franchisee's business. Although Itex generally encourages new franchisees to maintain a minimum distance of 10 miles from existing offices, this is not a guaranteed protection or enforceable restriction.
Franchisees may face competition from other Itex franchises, company-owned outlets, or other Itex-authorized distribution methods. This lack of exclusivity extends to all customer segments and geographies, as the franchisor may market or sell services directly or indirectly to any customer regardless of their location.
?
?
?
?
Below are some of
Itex
key competitors in the
Other Business Services
sector.
36
$10,000
$11,000
$38,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
Storage Authority is a real-estate and self-storage franchise offering development, marketing, and management systems for modern storage facilities, serving passive and semi-absentee investors, and known for turnkey development support, strong automation, and emphasis on maximizing site revenue and equity growth.
?
?
REALCLEAN AIRCRAFT DETAILING is a mobile detailing franchise offering specialized cleaning and cosmetic maintenance for private and commercial aircraft, serving aviation owners and operators, and known for on-site service, aviation-grade products, and meticulous attention to safety and presentation standards.
?
?
Lil' Angels Photography is a children’s photography franchise offering on-location portrait sessions and school picture days, serving preschools, daycares, and families, and known for themed sets, fundraising programs, and convenient mobile service that brings professional photography directly to clients.
?
?
Wonderly Lights is an outdoor lighting franchise offering seasonal holiday displays, permanent architectural lighting, and landscape illumination, serving homeowners and commercial properties, and known for full-service design, professional installation, and hassle-free removal and storage that keep properties festive year-round.
?
?
Silbar Security is a security services franchise specializing in mobile patrol, event security, and armed/unarmed guard services for businesses and individuals.
?
?
With A Twist Bartending & Event Service provides professional bartending and event services, ensuring seamless and memorable celebrations.
?
?
Choosing a franchise goes beyond reviewing fees and financials — it requires an honest assessment of your goals, skills, and risk tolerance. This article outlines the key questions prospective owners should ask before committing. It helps clarify whether the opportunity aligns with your lifestyle, long-term plans, and operational preferences.
Speaking with current and former franchisees is one of the most reliable ways to understand how a franchise really operates. This guide explains how to conduct validation calls, what questions to ask, and how to identify patterns in feedback. It provides a practical framework for uncovering real performance expectations and support quality.
Not all franchise opportunities offer the same potential. This article breaks down how to evaluate a brand’s industry, financial health, support systems, and competitive positioning. It helps prospective buyers compare options and identify franchises with strong long-term viability.
A clear, well-structured business plan is essential for securing financing and preparing for the realities of franchise ownership. This article explains how to build a plan that covers market analysis, operations, staffing, and local marketing. It also outlines how to create realistic pro forma financials, including revenue projections, startup costs, and break-even analysis. Readers gain a practical framework they can use when applying for loans or planning their first years of operations.
.png)
