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Cruise Holidays

2014 Franchise 500
#451
At a Glance

Products & Services: Cruise travel agency

Number of Locations: 211

Total Investment: $10.4K - $160.4K

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
2014 118 38 51 4
2013 120 40 55 4
2012 134 40 47 4
2011 147 34 27 4
2010 168 34 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $10,350 - $160,350
Franchise Fee: $9,500 - $30,000
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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

Franchise Ranking History

Franchise 500®: #451 (2014), #388 (2013), #376 (2012), #351 (2011), #134 (2010),
Low-Cost: #84 (2014), #70 (2013), #82 (2012), #78 (2011), #33 (2010),
Top Home-Based: #37 (2010),
America's Top Global: #81 (2013), #107 (2010),

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