| ||||
Updated RecentlyTravel Network vs Dream Vacations Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Travel Network vs Dream Vacations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $34,200 - $99,000 | $1,795 - $20,300 |
| Franchise Fee | $3,950 - $29,900 | $495 - $9,800 |
| Royalty Fee | $250-750/mo. | 1.5% -3% |
| Advertising Fee | - | - |
| Year Founded | 1982 | 1991 |
| Year Franchised | 1983 | 1992 |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | $500 | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | Yes/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | Classroom Training: 45 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, 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 media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing Loyalty program/app |
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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 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")