Start-Up Costs and Fees |
||
| Travel Network | Dream Vacations | |
| Investment | 34200 - 99000 | 1795 - 20300 |
| Franchise Fee | ||
| Royalty Fee | $250-750/mo. | 1.5% -3% |
| Advertising Fee | ||
| Year Founded | 1982 | 1991 |
| Year Franchised | 1983 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Travel Network | Dream Vacations | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Travel Network | Dream Vacations | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Travel Network | Dream Vacations | |
| 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 |
||
| Travel Network | Dream Vacations | |
| US Expansion | California, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Travel Network | |
| Dream Vacations | |
| Franchise Fee | |
| Travel Network | |
| Dream Vacations | |
| Royalty Fee | |
| Travel Network | $250-750/mo. |
| Dream Vacations | 1.5% -3% |
| Advertising Fee | |
| Travel Network | |
| Dream Vacations | |
| Year Founded | |
| Travel Network | 1982 |
| Dream Vacations | 1991 |
| Year Franchised | |
| Travel Network | 1983 |
| Dream Vacations | 1992 |
| Term Of Agreement | |
| Travel Network | 15 years |
| Dream Vacations | 5 years |
| Renewal Fee | |
| Travel Network | $500 |
| Dream Vacations | |
Business Experience Requirements |
|
| Experience | |
| Travel Network | General business experience Marketing skills |
| Dream Vacations | |
Financing Options |
|
| Franchise Fees | |
| Travel Network | Yes |
| Dream Vacations | Yes |
| Start-up Costs | |
| Travel Network | |
| Dream Vacations | |
| Equipment | |
| Travel Network} | |
| Dream Vacations | |
| Inventory | |
| Travel Network | |
| Dream Vacations | |
| Receivables | |
| Travel Network | |
| Dream Vacations | |
| Payroll | |
| Travel Network | |
| Dream Vacations | |
Training & Support |
|
| Training | |
| Travel Network | |
| Dream Vacations | Classroom Training: 45 hours |
| Support | |
| Travel Network | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Dream Vacations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Travel Network | Co-op advertising, Ad slicks, National media, Regional advertising |
| Dream Vacations | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing Loyalty program/app |
| Operations | |
| Travel Network | 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. |
| Dream Vacations | |
Expansion Plans |
|
| US Expansion | |
| Travel Network | California, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin, |
| Dream Vacations | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Travel Network | 0 |
| Dream Vacations | |
| International Expansion | |
| Travel Network | |
| Dream Vacations | |