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Below is an in-depth analysis and side-by-side comparison of Travel Network vs Travel Lines Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $34,200 - $99,000 | $10,000 - $50,000 |
Franchise Fee | $3,950 - $29,900 | $300 |
Royalty Fee | $250-750/mo. | 1% |
Advertising Fee | - | - |
Year Founded | 1982 | 2003 |
Year Franchised | 1983 | 2003 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | $500 | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Complete On-Line Training. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | Average Number of Employees: 1 Full-time, 0 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Travel Network Ltd. was founded in 1982 and began franchising in 1983. In 1998 it was acquired by Global Travel Network LLC, which operates Travel Network, Global Travel Network, Power Partners, Etravnet Agency and Vacation Central. The company is based in Englewood Cliffs, New Jersey, and has more than 500 locations throughout the United States and internationally.
Home-based travel agency franchise program. Full-service travel agency, offering cruises, airline tickets, hotels, car rentals, vacation packages and tours. Lowest franchise fee $300 includes state-of-the-art reservation system. Complete internet training and Website development. Lowest monthly royalty fee of 1%.