#34
At a Glance
Products & Services: Cruise & tour travel agency
Number of Locations: 1,172
Total Investment: $1.6K - 19.49K
Founded: 1994
Began Franchising: 1999
About Cruise Planners-American Express Travel
Since 1994, agents for Coral Springs, Florida-based Cruise Planners/American Express Travel Service have been connecting business and leisure travelers with the ideal cruise. Franchisees work from their homes, selling cruises full or part time.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 1,172 | 0 | 0 | 0 |
| 2011 | 994 | 0 | 0 | 0 |
| 2010 | 947 | 0 | 0 | 0 |
| 2009 | 823 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $1,595 - $19,490
Franchise Fee: $495 - $9,995
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 3 years, renewable
Franchise Fee: $495 - $9,995
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 3 years, renewable
Financial Requirements
Net Worth: $17,100
Liquid Cash Available: $9,990
Operations
Franchise can be run from home. 2-3% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Training available
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,