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Below is an in-depth analysis and side-by-side comparison of Cruise Planners vs Travel Network including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,295 - $23,665 | $34,200 - $99,000 |
Franchise Fee | $695 - $10,995 | $3,950 - $29,900 |
Royalty Fee | 1% - 3% | $250-750/mo. |
Advertising Fee | - | - |
Year Founded | 1994 | 1982 |
Year Franchised | 1999 | 1983 |
Term Of Agreement | 3 years | 15 years |
Term Of Agreement | 3 years | 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 | No/Yes | Yes/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: Ongoing Classroom Training: 58.5 hours Additional Training: Available | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
Franchise can be run from home. Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
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. |
Expansion Plans |
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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.
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.