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Below is an in-depth analysis and side-by-side comparison of Travel Network vs UNIGLOBE Travel Western Canada 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 | $45,000 - $65,000 |
Franchise Fee | $3,950 - $29,900 | $19,000 |
Royalty Fee | $250-750/mo. | - |
Advertising Fee | - | - |
Year Founded | 1982 | 1979 |
Year Franchised | 1983 | 1980 |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
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. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | 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.
Travel agency franchisor that offers full service retail or home based agencies, backed up with industry leading programs, training, marketing and preferred supplier agreements.