1/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers

Franchise Summary

Description
The franchise is for the establishment and operation of an individually owned and operated travel agent business under the CRUISEPLANNERS trade name and business system (a "CRUISEPLANNERS Business" or "Business").
Company Background
CRUISEPLANNERS is a one-stop shop for all your travel needs. We offer a wide variety of destinations and services including cruises, flights, hotels, car rentals, tours and more. CRUISEPLANNERS is the only company in North America that offers its own cruise line with exclusive rates on their ships! With over 20 years experience in the industry we are committed to providing personalized service at competitive prices. Our team of experts has been helping people plan their perfect vacation since 1997 so contact us today for more information or to book your next trip!
Franchise Opportunity
The cruise industry is booming, and there's no better time to get into this business. Cruise lines are adding more ships every year, so the demand for travel agents who specialize in cruises will keep growing too. Also, people want vacations that are more than just a hotel room or an airplane ride - they want a vacation experience! And what could be better than cruising? If you're looking for a profitable career as a travel agent, then we have great news for you! We help our franchisees succeed by providing them with everything they need to operate their own successful business including training seminars, marketing materials and websites. Our proven system helps our franchisees grow their businesses quickly and easily without having to worry about all of the technical details involved in running a website or social media accounts. Plus we offer generous royalties on top of your monthly income as well as other perks such as free trips on cruise lines worldwide! With CR
Corporate Structure
CP Franchising, LLC is a limited liability company formed under Delaware law on July 25, 2005. Their principal business address is 3111 N.  University Drive, Suite 800, Coral Springs, Florida 33065,. They began offering franchises in July 2005.
Investment and Franchisee Fees
The total investment necessary to begin operations of a CRUISE PLANNERS® Business ranges from $2,295 to $23,617. These totals include $695 to $12,317 that must be paid to the franchisor or its affiliates.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Cruise Planners Franchisees

Cruise Planners Franchise System Development in 2022

Historical Cruise Planners System Growth

FAQ

How much investment do I need to start my own Cruise Planners business?
Franchisees typically require at least $2,295 to $23,465 investment to get their Cruise Planners business started
What are the initial franchise fees for Cruise Planners?
Franchisees typically need to pay at least $695 in fees directly to Cruise Planners in order to earn the right to launch their business
How much money can I make with a Cruise Planners franchise? What are the average revenues for a typical Cruise Planners business?
We haven’t done the math on how much revenue a typical Cruise Planners brings in each year. We estimate that other franchisees in the Auto & Travel industry generate $1,267,503 revenue, so we would expect Cruise Planners to generate a similar amount
How long do I need to commit to running a Cruise Planners unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

0 /10
The Franchisor's investment costs ranges from $879,300 to $15,839,000 which is Much Higher than the $0 to $0 average in the Travel industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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