
#388
At a Glance
Products & Services: Cruise travel agency
Number of Locations: 225
Total Investment: $10.35K - 160.35K
Founded: 1984
Began Franchising: 1984
About Cruise Holidays
Cruise Holidays, a cruise travel franchise, was founded in 1984. It is part of Travel Leaders Group, a travel services parent company comprised of multiple operating subsidiaries. Headquartered in Minneapolis, Minnesota, Cruise Holidays is made up of retail locations as well as home-based franchise owners concentrated in the United States and Canada.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 134 | 40 | 47 | 4 |
| 2011 | 147 | 34 | 27 | 4 |
| 2010 | 168 | 34 | 0 | 0 |
| 2009 | 178 | 28 | 1 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $10,350 - $160,350
Franchise Fee: $9,500 - $30,000
Ongoing Royalty Fee: to 3%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $9,500 - $30,000
Ongoing Royalty Fee: to 3%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $15,000
Liquid Cash Available: $10,350
Operations
Franchise can be run from home. 3% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: Varies. Conference calls; annual mid-year meeting, 2 days; annual convention, 6-7 days; annual group training seminar, 7 days
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Websites, consumer magazine
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