
#376
At a Glance
Products & Services: Cruise travel agency
Number of Locations: 212
Total Investment: $10.35K - 160.35K
Founded: 1984
Began Franchising: 1984
Private Owned
About Cruise Holidays
Cruise Holidays, founded in 1984, was acquired by travel franchise ByeByeNow.com in 1999. When ByeByeNow.com filed for bankruptcy in early 2001, its assets were acquired by Carlson Travel Network Associates Inc. in bankruptcy court later that year. Following the acquisition, Carlson decided to relaunch Cruise Holidays as a cruise-only travel planning and booking brand.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 147 | 34 | 27 | 4 |
| 2010 | 168 | 34 | 0 | 0 |
| 2009 | 178 | 28 | 1 | 0 |
| 2008 | 212 | 34 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,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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