CruiseOne Franchise FDD, Profits, Costs & Fees (2024)
CruiseOne, founded in 1992 in Fort Lauderdale, Florida, is a top travel franchise specializing in cruise vacations and related services. As part of World Travel Holdings, it offers cruises, resort stays, and land tours to meet diverse client needs.
In 1993, CruiseOne began franchising with a flexible, home-based model. This approach allows franchisees to operate with low overhead while offering personalized vacation planning. It’s ideal for travel enthusiasts looking to build their own business.
CruiseOne now has over 1,000 franchise locations across the U.S. It provides strong support, including training, marketing, and advanced technology, helping franchisees succeed in the competitive travel market.
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Initial Investment
How much does it cost to start a CruiseOne franchise? It costs on average between $13,000 – $22,000 to start a CruiseOne franchised business.
This includes costs for initial franchise fees, training, office equipment, and marketing expenses. The exact amount depends on various factors, such as the franchisee’s business needs, chosen office setup, and the scale of initial marketing efforts.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | New Franchisee: $10,500 |
| Intermediate Franchisee: $3,195 | |
| Experienced Franchisee: $495 | |
| Training Expenses | $250 – $500 |
| Additional Signatories/Associates Training and Travel | $745 – $1,245 |
| Office Equipment and Furniture | $0 – $500 |
| Initial Office Supplies | $50 – $300 |
| Computer Hardware/Software Equipment | $0 – $2,500 |
| Insurance, Legal, and Accounting | $150 – $2,000 |
| Permits, Franchises, Bonds, and Memberships | $150 – $500 |
| Initial Promotion and Advertising | $250 – $1,200 |
| Criminal and Civil Background Check | $0 – $50 |
| Additional Funds (3-month initial phase for full-time franchisees) | $500 – $2,500 |
| Financing Application Fee | $0 – $75 |
| Total | New Franchisee: $12,595 – $21,870 |
Average Revenue (AUV)
How much revenue can you make with a CruiseOne franchise? A CruiseOne franchised facility makes on average $468,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $468,000 yearly revenue for similar cruise franchises.
Below are 10 CruiseOne competitors as a comparison:
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CruiseOne Franchise Disclosure Document
Frequently Asked Questions
How many CruiseOne locations are there?
As of the latest data, CruiseOne, in conjunction with its sister brand Dream Vacations, has expanded to over 2,000 independently owned and operated franchise locations across all 50 U.S. states. This milestone reflects the brands’ significant growth and strong presence in the travel industry.
What is the total investment required to open a CruiseOne franchise?
The total investment required to open a CruiseOne franchise ranges from $13,000 to $22,000.
What are the ongoing fees for a CruiseOne franchise?
CruiseOne franchisees pay a royalty fee based on travel commissions: 1.5% for commissions up to 4.9%, 2% for 5% to 9.99%, and 3% for 10% or more. Additionally, a 3% fee applies to travel insurance sales. There are no separate marketing or advertising fees, as these are fully covered by the franchisor.
What are the financial requirements to become a CruiseOne franchisee?
To become a CruiseOne franchisee, the financial requirements include a minimum net worth and liquid capital of $9,800. This ensures that prospective franchisees have the necessary financial stability to establish and operate their travel agency business effectively.
How much can a CruiseOne franchise owner expect to earn?
The average gross sales for a CruiseOne franchise are approximately $0.47 million per location. Assuming a 15% operating profit margin, $0.47 million yearly revenue can result in $71,000 EBITDA annually.
Who owns CruiseOne?
CruiseOne is owned by World Travel Holdings, the largest cruise agency and award-winning leisure travel company in the United States. World Travel Holdings also owns other travel brands, including Dream Vacations and Cruises Inc.
Disclaimer
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