Real Expedia Cruises Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Real Expedia Cruises Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Travel companies will continue to flourish as long as there are globetrotters in every nook and cranny. This industry is one of the most recession-resistant industries that proves to be an excellent business opportunity, especially cruise companies. If you’re looking for a promising venture, then Expedia Cruises is worth looking into. Read on to know more about the training, conditions, financing, and Expedia Cruises franchise cost.

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Real Expedia Cruises Franchise Wiki

Expedia Cruises has proven itself in the cruise and travel niche. At this time, the company is in the “Top 50 Franchise” in Entrepreneur Magazine’s Franchise 500 and Franchise Business Review. Since launching in 1987, the company’s sales consistently increased 20 percent on average year after year for the last 20 years. 

Expedia Cruises started in Vancouver, BC, as CruiseShipCenters. And for 30 years, they adapted to the changing trends in cruise ship travels. The company knows it’s more complex to book cruise trips, making it easy for their customers. Until now, Expedia Cruises is considered as one of the leading cruise companies in North America. 

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In 2020, the company also had the most significant change in 30 years — rebranding. They changed their name from CruiseShipCenters to Expedia Cruises. The company’s tagline is pretty much all-encompassing, “Air, Land, and Sea Vacations.” Furthermore, the company says the rebrand is a more impactful way of showing their customers that they have travel packages for every traveler type. 

Real Expedia Cruises Franchise Benefits

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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Real Expedia Cruises Franchise Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

Real Expedia Cruises Franchise Cost

Name of FeeLowHigh
Initial Franchise Fee$39,000$39,000
In-person Training – The Franchisee’s Transportation and Accommodation$1,200$6,000
In-person Training – Additional Trainee$0$495
Additional Trainee Transportation and Accommodation$0$1,750
Premises Lease Security Deposit$2,500$8,000
Utilities and Telephone Deposit$250$900
Leasehold Improvements$30,000$78,000
Signage (interior and exterior)$7,500$12,000
Computers and Software$3,500$7,000
Office Equipment and Supplies$2,100$4,500
Office Furniture and Furnishings$12,500$19,000
Insurance$800$2,000
Professional Fees$500$3,500
Business Licenses and Permits$500$1,500
Additional Funds – Working Capital for the first 18-24 Months$69,600$116,000
ESTIMATED TOTAL$169,950$299,645

Real Expedia Cruises Franchise Training

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Expedia Cruises is the franchisor, a subsidiary of Expedia, Inc. Getting an Expedia Cruises franchise pertains to cruise ship bookings, plane bookings, car rentals, accommodation, and other related products and services. 

Before we get to the Expedia Cruises franchise cost, let’s cover the necessary training programs. Here’s a breakdown of the training details:

  • The franchisor will require up to two people to attend the training. 
  • Before operating the Expedia Cruises store, the franchisee must attend and pass the training according to the franchisor’s satisfaction.
  • The franchisee must attend a Consultant Certification training, which entails a week of online courses. This is a requirement from the International Cruise Academy.
  • The franchisee must also undergo five days of training in Vancouver, BC, at one of the training facilities.
  • The franchisee may be required to undergo additional training and refresher courses, if necessary.
  • The franchisor obligates all franchisees to attend annual conferences and regional meetings.

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Real Expedia Cruises Franchise Territory

The franchisor will offer a Designated Territory to all franchisees, where they can only operate one store in one chosen location. Here are the details of the territory granted:

  • The Designated Territory or Market Area should have a minimum of 15,000 households and up to 35,000 households, which is referred to as the “Targeted Household”
  • Each “Targeted Household” should have more than $100,000 yearly income
  • The Targeted Households should be based on different components such as geographic aspects, cost of living, market situations, population density, and more
  • The franchisor promises not to allow other franchisees to open another Expedia Cruises franchise within the Designated Territory as long as the franchisee is still operating under their Franchise Agreement

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Real Expedia Cruises Franchise Obligations and Conditions

The franchisee must fully manage their Expedia Cruises store under the foundation of faith, honesty, and diligence. Moreover, they must put in all the efforts to improve business operations at all times. The franchisee shouldn’t also engage in any other business activities or ventures that directly conflict with their Expedia Cruises franchise.

Moreover, the franchisees must supervise the daily operations of the business and its personnel. 

Finally, the franchisee must not offer and sell products and services that aren’t approved by the franchisor. At this time, the franchisor’s approved suppliers must only provide these products and services. 

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Real Expedia Cruises Franchise Term and Renewal

The initial franchise term for operating an Expedia Cruises business is 10 years. However, the franchisee may renew another 5-year term if they remain in good standing and adhere to requirements from the Franchise Agreement.

Real Expedia Cruises Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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Real Expedia Cruises Franchise Profit

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply ForReal Expedia Cruises Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Real Expedia Cruises Franchise Contact details

Website

https://www.expediacruises.com/

FAQ

Is it profitable or not?

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Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

What is The Difference Between Franchisor vs. Franchisee

Click Here to know about it.

What Is The Difference Between Franchise Vs. Sole Proprietorship

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Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.

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