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Entrepreneur: Start & Grow Your Business

CruiseOne Inc.

Cruise & travel agency

Background

Founded: 1989 Franchising since: 1993
Franchising since 1992, CruiseOne agents sell cruise packages and air/sea tours to individuals, couples, families, businesses and groups.
1415 N.W. 62nd St., #205
Fort Lauderdale, Florida 33309
Phone:
(800)892-3928


Franchisor is a privately-held company with 80 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 578 0 1 0
2008 549 0 0 0
2007 510 0 0 0
2006 470 0 0 0
2005 470 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Western europe

Costs and Fees

Total investment: $9.8K-26.3K
Franchise fee: $9.8K
Ongoing royalty fee: 3%
Term of agreement: 5 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $20K

Operations
  • Franchise can be run from home
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 8 days
  • Seminars at sea : 3-7 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Other marketing support
  • Internet

Rankings

Franchise 500® rank:
#135 (2009); #133 (2008); #131 (2007); #156 (2006); #188 (2005);

Fastest-Growing Franchises:
#80 (2009); #103 (2008);

Low-Cost Franchises:
#28 (2009); #31 (2008); #31 (2007); #38 (2006); #49 (2005);

Top Home Based Franchises:
#32 (2009); #32 (2008); #36 (2007); #41 (2006); #51 (2005);