Cruise Planners/American Express
Cruise & tour travel agencyBackground
Founded: 1994 Franchising since: 1999
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.
Franchisor has 40 employee(s); 3 employee(s) in franchise department.
Franchise Growth
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
Special Programs
Cruise Planners/ American Express Travel Service bases its annual renewal fee on gross commissionable sales from the previous year. Franchisees with sales of at least $100,000 in the first year have their renewal fees waived.
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.
|
3300 University Dr., #602 Coral Springs, Florida 33065 |
Phone: (888)582-2150/ (954)344-8060 |
Franchisor has 40 employee(s); 3 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 823 | 0 | 0 | 0 |
| 2008 | 725 | 0 | 0 | 0 |
| 2007 | 730 | 0 | 0 | 0 |
| 2006 | 680 | 0 | 0 | 0 |
| 2005 | 632 | 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
Special Programs
Cruise Planners/ American Express Travel Service bases its annual renewal fee on gross commissionable sales from the previous year. Franchisees with sales of at least $100,000 in the first year have their renewal fees waived.
Costs and Fees
|
Total investment: $1.9K-19.6K Franchise fee: $495-9.99K |
Ongoing royalty fee: 3% Term of agreement: 3 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $17.1K
Cash liquidity requirement: $9.99K
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)
Training and Support
Training
Ongoing Support
Marketing Support
- Training available
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Internet
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Rankings
Franchise 500® rank:
#85 (2009); #114 (2008); #79 (2007); #91 (2006); #118 (2005);
Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;
Fastest-Growing Franchises:
#42 (2009); #45 (2007); #29 (2006); #55 (2005);
Low-Cost Franchises:
#23 (2009); #25 (2008); #25 (2007); #21 (2006); #30 (2005);
Top Home Based Franchises:
#20 (2009); #24 (2008); #20 (2007); #18 (2006); #27 (2005);
#85 (2009); #114 (2008); #79 (2007); #91 (2006); #118 (2005);
Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;
Fastest-Growing Franchises:
#42 (2009); #45 (2007); #29 (2006); #55 (2005);
Low-Cost Franchises:
#23 (2009); #25 (2008); #25 (2007); #21 (2006); #30 (2005);
Top Home Based Franchises:
#20 (2009); #24 (2008); #20 (2007); #18 (2006); #27 (2005);