Travel Leaders

Travel Leaders

Travel Leaders
#124

Initial Investment

LOW: $2,270
HIGH: $16,910

Change in Units

-7.3% -27 UNITS (1 Year)
+3.0% +11 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1888

Franchising Since

1984 (32 Years)

Corporate Address

3033 Campus Dr., #W320 Plymouth, MN 55441

CEO

Barry Liben

Parent Company

Travel Leaders Group

About Travel Leaders

In 1872, Georges Nagelmackers began his company, Wagons-Lits, to install sleeping compartments in European trains. A few years later, he created the Orient Express. In 1888, Ward G. Foster founded Ask Mr. Foster, a travel agency based in St. Augustine, Florida.

Each company expanded--Wagonlit throughout Europe and Africa, Ask Mr. Foster across the United States and Europe. Carlson Companies Inc. purchased Ask Mr. Foster in 1979; the company changed its name to Carlson Travel Network in 1990. Carlson Travel Network and Wagonlit Travel merged in 1997, forming Carlson Wagonlit Travel. Then in 2008, that company joined with Travel Leaders and Tzell Travel Group to form what is known today as the Travel Leaders franchise.

Financials

Financial Requirements

Initial Investment

$2,270 - $16,910

Ongoing Fees

Ongoing Royalty Fee

to $1K/mo.

Ad Royalty Fee

$109-$274/mo.

Franchise 500® Rank History

Highest Rank: 124

Lowest Rank: 400

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: Varies

Training at headquarters: 3 days

Additional Training: Workshops, 1-2 days each; online training

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 15th, 2015

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