About Us


In November 2017, Gene and Wyndee Townley purchased ITEX Knoxville from Todd and Jennifer Olson, who founded it in 2006. Team Townley also includes the franchises of ITEX Tennessee, ITEX North Alabama, ITEX Gulf Coast, and ITEX Kentucky. They founded ITEX Gulf Coast in 2010 and have grown it into a multi award winning franchise and the largest in the southeast. Team Townley has been awarded the Presidents Club in 2011,2012,2013,2014,2015, 2016, and 2017. They also won Circle Of Excellence in 2012,2013,2014,2015,2016, and 2017. In 2016 Team Townley won Circle Of Excellence with 2 of their franchises, This is a first ever in 35+ years of ITEX! In 2017 they won circle of Excellence with 3 of their franchises, a new first ever in 35+ years of corporate history! This is a direct reflection of having the best members and staff in all of ITEX! In 2017 they are on target to do $15MM in transactions. With the added ITEX revenue that their office has brought to our local businesses from the National network of 26,000+ businesses across the country, many have purchased additional advertising to bring in new cash customers and others use them for capital expenditure budget items, using their ITEX dollars instead of cash profits. Some have even bought items such as land, houses, cars, and jewelry. These businesses have been able to significantly improve their cash net profits using ITEX as a financial, business tool.

As a member of the leading marketplace for cashless business transactions, ITEX can support your business in generating greater profits and assist you in securing a brighter future. Instead of buying products & services with your precious cash flow, members use ITEX dollars, which we as your Broker raise for you by selling "your" products and services to other ITEX members. You then save money on your expenditures by being able to buy at your cost of your own products & services. This can be 10 to 20 to 30 cents on the dollar, much better than 100 cents on the dollar from profits. Many members see a savings of over 50% while they enjoy new clients hand delivered to them. We like to think of it as the best wholesale club in all of North America!

The ITEX Marketplace is a network of business members that offer a wide variety of products and services around the United States and Canada. Our website is just a small portion of what is offered to you as a member. Don't forget the best items and services are sold by your personal trade director before it ever hits the website.  Once you realize all the great opportunities we can offer you, click on the Get Started button, complete the short form using promo code : SIGNUP and Connect, Trade and Save !!



Schedule an Introduction