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Wednesday
Apr282010

CruiseOne Franchise

Travel agency specializing in cruise packages

Franchising since 1992, CruiseOne agents sell cruise packages and air/sea tours to individuals, couples, families, businesses and groups.

Start-up Costs & Franchises Fees

What is the total cost to open a CruiseOne Franchises?

Total Cost: $9,800-$26,300
Total Franchise Fees: $9,800
Ongoing Royalty Fees: 3%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years

Contact Information for CruiseOne

CruiseOne Inc.
1415 N.W. 62nd St., #205
Fort Lauderdale, FL
33309

Toll Free: (800)892-3928
Fax Number: (954)958-3697

Franchise Homepage:

Historical Expansion

In what year did CruiseOne begin operations? 1989
When did CruiseOne begin selling franchises? 1993

Year United States Canada International Corporate
2005 460 0 0 0
2004 448 0 0 0
2003 415 0 0 0
2002 416 0 0 0
2001 413 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
In the Pressletter, Meetings, Toll free phone number, Internet
Marketing
Cooperative advertising, Ad slicks, Regional advertising support

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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