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Updated RecentlyCruise Holidays vs Freedom Boat Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cruise Holidays vs Freedom Boat Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,500 - $72,800 | $175,025 - $486,000 |
| Franchise Fee | $9,500 - $30,000 | $38,000 |
| Royalty Fee | up to 3% | 6% |
| Advertising Fee | - | up to 1% |
| Year Founded | 1984 | 1989 |
| Year Franchised | 1984 | 2000 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | none | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 16 hours Classroom Training: 30 hours |
| Support | E-Newsletter, Annual Convention, initial and ongoing training opportunities, Toll-free phone line and e-mail support, Field operations/evaluations, Purchasing cooperatives | 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 slicks, National online marketing, Direct on Demand marketing, "On Your Behalf" marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Number of employees needed to run franchised unit: 1 for home-based; 2 for storefront
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Cruise Holidays
Founded in 1984, Cruise Holidays is North America's largest cruise-specialty retail franchise, with more than 200 locations in the United States and Canada. As our name suggests, our retail travel stores as well as our home-based franchise owners specialize in cruise travel, providing unparalleled expertise in matching clients with the cruise ships and destinations that are right for them.Cruise Holidays' parent company, Travel Leaders Group, is a travel agency powerhouse with approximately 1,300 franchised and wholly-owned agencies under a variety of brand names. Cruise Holidays is based in Minneapolis, MN, with a Canadian head office in London, ON. Because of the size of the Cruise Holidays network, the proven expertise of its owners and agents and the unparalleled strength of its industry connections, Cruise Holidays is considered by many of the world's best cruise lines and travel suppliers to be a distribution system of choice. As a result, Cruise Holidays can offer its clients an amazing array of cruise vacations at highly competitive prices. And since Cruise Holidays agents can arrange travel on any cruise line in the world, the list of destinations seems endless. Cruise Holidays is also a distinguished provider of land-based vacations.
About Freedom Boat Club
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.
Veteran Incentives 10% off franchise fee
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