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Below is an in-depth analysis and side-by-side comparison of Travel Leaders vs Dream Vacations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,270 - $17,910 | $1,795 - $20,300 |
Franchise Fee | $0 - $2,500 | $495 - $9,800 |
Royalty Fee | $474-995/mo. | 1.5% -3% |
Advertising Fee | - | - |
Year Founded | 1888 | 1991 |
Year Franchised | 1984 | 1992 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Classroom Training: 45 hours |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing Loyalty program/app |
Operations |
22% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
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. The new company serves travelers in more than 140 countries.
As part of an established brand, you gain credibility among consumers and have access to resources that would be hard to secure on your own. You also have access to training programs that will educate you on how to run a business, operational procedures to get your business started immediately, and specific to CruiseOne / Dream Vacations, developed relationships with cruise and land suppliers through our headquarters team. That is what a franchise model provides - a support system to get you on the right track and make sure you stay there.
Franchising Benefits
We have been a member of the International Franchise Association (IFA) since 1992. Please find below some interesting economic facts about the exciting franchise industry.
Franchising continues to grow at nearly 6% per year
Franchise businesses will add 247,000 new direct jobs this year
There are more than 3,000 different franchises in about 75 different industries in the USA alone
Economic output from franchise businesses is estimated to increase by 5.4% over last year to $889 billion
Join 1000+ franchise owners who love the travel business.