Dream Vacations Franchise FDD, Profits, Costs & Fees (2024)
Dream Vacations is a home-based travel agency franchise founded in 1991. It operates under World Travel Holdings, one of the largest leisure travel companies in the U.S. The franchise is known as the best home-based travel agency. With a low-cost investment, franchisees can work remotely without inventory or overhead.
Today, Dream Vacations has over 2,000 franchise owners. It stands as a leader in the travel franchise industry, offering the highest commissions and full support from headquarters. The franchise started offering opportunities in 1992. Owners benefit from the brand’s recognition, selling vacation experiences like cruises, resorts, and luxury tours.
The business model focuses on flexibility and remote work. Franchisees receive extensive marketing tools, exclusive promotions, and ongoing training. A comprehensive training program begins with a six-day session and includes access to over 1,500 online courses.
Dream Vacations continues to grow, offering franchising opportunities across the U.S. Franchisees benefit from a supportive community, advanced technology, and marketing support to build their travel business successfully.
Initial Investment
How much does it cost to start a Dream Vacations franchise? It costs on average between $2,000 – $21,000 to start a Dream Vacations franchised location.
This range covers various expenses, including training, office supplies, equipment, and other fees associated with starting the business.
Type of Expenditure | Amount (Low-High) |
---|---|
Initial Franchise Fee | $495 – $10,500 |
Training Expenses | $200 – $250 |
Additional Signatories/Associates Training and Travel | $0 – $645 |
Office Equipment and Furniture | $0 – $1,500 |
Initial Office Supplies | $50 – $300 |
Computer Hardware/Software Equipment | $0 – $2,500 |
Insurance, Legal, and Accounting | $150 – $1,000 |
Permits, Franchises, Bonds, & Memberships | $150 – $500 |
Initial Promotion and Advertising | $250 – $1,200 |
Criminal and Civil Background Check | $0 – $30 |
Additional Funds (3-month initial phase for full-time franchisees) | $500 – $2,500 |
Financing Application Fee | $0 – $75 |
Total | $1,795 – $21,000 |
Dream Vacations Franchise Disclosure Document
Frequently Asked Questions
How many Dream Vacations locations are there?
As of the latest data, Dream Vacations has over 2,000 franchise-owned locations. There are no company-owned locations, as the business model focuses entirely on franchising.
What is the total investment required to open a Dream Vacations franchise?
The total investment required to open a Dream Vacations franchise ranges from $2,000 to $21,000.
What are the ongoing fees for a Dream Vacations franchise?
For a Dream Vacations franchise, the ongoing royalty fee typically ranges from 1.5% to 3% of gross sales. The marketing fee is generally set at 1% of gross sales. These rates may vary based on specific agreements and are detailed in the franchise disclosure document.
What are the financial requirements to become a Dream Vacations franchisee?
To become a Dream Vacations franchisee, the financial requirements include a minimum net worth of approximately $100,000 and liquid capital of around $50,000.
These financial prerequisites ensure that potential franchisees have the necessary resources to cover initial costs, ongoing expenses, and any unexpected financial needs as they start and grow their franchise.
Who owns Dream Vacations?
Dream Vacations is owned by World Travel Holdings, one of the largest leisure travel companies in the United States. World Travel Holdings owns and operates several travel brands and focuses on offering franchise opportunities and travel services through its various subsidiaries.
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