| ||||
Updated RecentlyCruise Holidays vs Dream Vacations Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cruise Holidays vs Dream Vacations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $9,500 - $72,800 | $1,795 - $20,300 |
| Franchise Fee | $9,500 - $30,000 | $495 - $9,800 |
| Royalty Fee | up to 3% | 1.5% -3% |
| Advertising Fee | - | - |
| Year Founded | 1984 | 1991 |
| Year Franchised | 1984 | 1992 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 5 years |
| Renewal Fee | none | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | Classroom Training: 45 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 Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National online marketing, Direct on Demand marketing, "On Your Behalf" marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media 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) | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 Dream Vacations
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.
![""]("https://www.my30minutehit.com/imgs/fbr_top_50_2018_half.png")
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")