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Expedia CruiseShipCenters

2014 Franchise 500
#200
At a Glance

Products & Services: Cruise and vacation travel agency

Number of Locations: 182

Total Investment: $79.5K - $149.5K

Founded: 1987

Began Franchising: 1987

About Expedia CruiseShipCenters

Expedia CruiseShipCenters franchisees offer retail cruise and travel services and products, including tours, resorts, travel insurance, transportation and rentals. The company, based in Vancouver, British Columbia, has been franchising since 1987.

Franchise Units

Year U.S. Canadian International Company Owned
2014 43 138 0 1
2013 42 135 0 1
2012 26 132 0 1
2010 13 114 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, South, Southeast, Southwest, West.
Franchisor is seeking new units in Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $79,500 - $149,500
Franchise Fee: $29,000
Ongoing Royalty Fee: 9%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
3% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 12. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: once per quarter.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #200 (2014), #473 (2013), #446 (2011),