|
Below is an in-depth analysis and side-by-side comparison of Cruise Planners vs Freedom Boat Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $2,295 - $23,665 | $175,025 - $486,000 |
Franchise Fee | $695 - $10,995 | $38,000 |
Royalty Fee | 1% - 3% | 6% |
Advertising Fee | - | up to 1% |
Year Founded | 1994 | 1989 |
Year Franchised | 1999 | 2000 |
Term Of Agreement | 3 years | - |
Term Of Agreement | 3 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
||
Training | On-The-Job Training: Ongoing Classroom Training: 58.5 hours Additional Training: Available | On-The-Job Training: 16 hours Classroom Training: 30 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Franchise can be run from home. Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 | Number of Employees Required to Run: 2 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
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.
Since 1989, the Freedom Boat Club has emerged as the premier boat club in the country offering our members a hassle-free approach to boating. Gone are the concerns and confines of traditional boat ownership. You simply select the style of boat you would like to experience for your day on the water and begin creating wonderful memories with family and friends. With over 60 locations throughout the US, you may enjoy the flexibility of reciprocal access to all current and future Clubs. We invite you to experience the social and boating experiences that have made the Freedom Boat Club legendary with our members.
Take the next step to find out if a Freedom Boat Club Franchise could work for you.