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Updated RecentlyTravel Network vs Vasco Travel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Travel Network vs Vasco Travel 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 | $40,000 - $60,000 |
| Franchise Fee | $3,950 - $29,900 | $25,000 |
| Royalty Fee | $250-750/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 1982 | - |
| Year Franchised | 1983 | - |
| 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 | Our marketing objective is to broaden the VASCO TRAVEL name and trademark using every possible medium, allowing our franchisees to benefit from our established reputation. This will allow the franchisee increased name recognition within their own territory and across Canada. Over and above the general marketing for all franchisees, Vasco Travel also allows each franchisee to do its own local marketing in the media format of its choice. |
| 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 | - |
Company Overviews
About Travel Network
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.
About Vasco Travel
Our trademark is well known by consumers and is synonymous with quality in the travel industry. Vasco Travel and Gama Travel Group were named Best Travel Agency in the province of Quebec in 2004, 2005 and again in 2008. We have put together a professional team of employees dedicated to helping you in every aspect of your travel agency operation. Whether for customer service, technical support, or just simple advice, our team consistently continues to develop new tools and services to help you increase your efficiency and profitability. As the leader in the travel agency franchise business Vasco is forced to not only keep up to industry pace, but to innovate, create and deliver. Vasco Travel gives its franchisors the tools needed to run a successful business and a team of people to support you. Whether you are new to the travel industry or have been working in it for years, Vasco Travel will make owning your own agency effortless and more importantly, profitable.