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Entrepreneur: Start & Grow Your Business

SeaMaster Cruises

Cruises

Background

Founded: 2004 Franchising since: 2004
6442 City West Pkwy.
Minneapolis, Minnesota 55344
Phone:
(800)824-1481/ (800) 866-7245

Franchisee Association
Franchise Advisory Board

Franchisor is a privately-held company with 961 employee(s); 96 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 130 0 0 0
2007 111 0 0 0
2006 75 0 0 0
2005 15 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $10.3K-16.9K
Franchise fee: $9.5K
Ongoing royalty fee: 3%
Term of agreement: 5 years, renewable


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

Qualifications
Cash liquidity requirement: $9.5K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • Available at franchisee's location
  • Advanced training cruise, online training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Purchasing cooperatives

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

Other marketing support
  • Personal website, turnkey marketing campaigns

Rankings

Franchise 500® rank:
#246 (2009); #244 (2008); #359 (2007);

Low-Cost Franchises:
#49 (2009); #52 (2008); #96 (2007);

Top New Ranking:
#12 (2009); #12 (2008); #21 (2007);

Top Home Based Franchises:
#61 (2009); #61 (2008);