
Website: www.expediafranchise.com
Franchise Fee: $39,000
Royalties: 9% of commission revenue
Cash Investment: $250,000
Total Investment: $167,250 - $292,245
Net Worth: $750,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
With an Expedia Cruises franchise, your clients can own a retail travel agency that’s connected to their community – backed by one of the most recognized brands in travel. As a full-service retail travel agency specializing in cruises, each franchise offers customers Expedia pricing AND personal service on All-Inclusive Resorts, Coach & Rail Tours, Vacation Packages, Homes & Villas, Insurance, Flights, Hotels, and Activities.
Top 3 reasons our industry is a great investment:
The cruise industry is booming once again with 31.5 million passengers expected to cruise in 2023. Cruise lines are also investing billions on sustainability measures and new ships; over 75 new cruise ships set to debut between now and 2027.
Booking a cruise can be complicated. That’s why 70% of all cruises are booked through a travel agent instead of a website according to Cruise Lines International Association.
Cruising has the highest repeat factor of any vacation with 85% of cruisers saying they will cruise again. Expedia Cruises’ model is focused on building loyalty and creating Customers For Life.
Powered by Expedia – As part of the Expedia Inc. family of brands, our franchisees leverage billions of dollars in buying power on a wide range of travel products (not just cruises) and a globally recognized brand in their local retail business.
Retail Returns Equity – Our Franchisees build equity in their business as they create a retail presence in their community, develop a large team of Vacation Consultants and grow their database of repeat customers. With no limit on team size, franchisees can infinitely scale their business over time.
Strong Industry Relationships – Our massive sales volume and the relationships we’ve been building with cruise lines since 1987 allow us to secure competitive pricing and Expedia Extras (onboard credits, upgrades, etc.) that other cruise sellers simply cannot match.
Our IDEAL FRANCHISEE / CANDIDATE:
Successful franchisees are proactive, outgoing leaders who want to leverage Expedia Cruises’ proven system to build equity in a business they’re passionate about. They want to be active full-time owners and managers in a retail business that is connected to their local community. They are business-minded and driven, but also nurturing with the ability to train, coach and motivate a large sales team to success. Our Franchisees are often couples who start the business with one partner continuing to work full-time until the business is self-sustaining.
Year founded: 1987
Year Franchised: 1987
Home Based: No
| Franchise Fee: | $39,000 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | YES |
| Total Investment Range: |
Single Unit: $167,250 - $292,245 |
| Net Worth Requirement: | $750,000 |
| Royalty: | 9% of commission revenue |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.