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CRUISEONE is a nationwide, home-based cruise & travel franchise company representing all major cruise lines and tour operators. Franchisees are professionally trained in a 6-day comprehensive program. CruiseOne provides a heritage of excellence, unrivaled buying power, industry-leading technology solutions, pride of true business ownership, and access to a large corporate support team to help you grow. CruiseOne is a member of the International Franchise Association (IFA) and participates in the VetFran and MinorityFran initiatives offering incentives and rebates to encourage business ownership.
Franchisor Background
Year Established: 1991
Franchising Since: 1992
Operating Units: |
| Franchised Units: | 560 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 560 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 560 | | 100% | | In 45 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 560 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. California | 63 | | 2. Florida | 101 | | 3. Texas | 40 |
Registered in Following Registration States: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Financial Requirements
Investment: |
| Minimum Net Worth: | $ |
| Cash Investment: | $9.8K |
| Total Investment: | $10-22K |
| Average Total Investment: | $16K |
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Fees: |
| Initial Franchise Fee: | $9.8K |
| Average Franchise Fee: | $10K |
| On-Going Royalty: | 3% |
| Average Royalty: | 3% |
| Advertising Fee: | .25% |
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites: Office, Storefront
Encourage Conversions? Not Applicable
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 80 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | Not Applicable |
| Financial Assistance? | Yes, Direct |
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Marketing Support: |
| Co-Op Advertising: | Yes |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | Yes |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Included in Fees |
| Franchisee Newsletter: | Not Applicable |
| Regional or National Meetings: | At Additional Cost |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Ft. Lauderdale, FL | 6 Days |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 3 |
| General Business Experience: | 4 |
| Specific Industry Experience: | 2 |
| Formal Education: | 3 |
| Psychological Profile: | 5 |
| Personal Interview(s): | 4 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | N/A |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | N/A |
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Terms of Contract
| Term of Initial Contract: | 5 Year(s) |
| Term of Renewal Period: | Year(s) |
| Passive Ownership: | Not Allowed |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 70
| U.S.: | Yes, All United States |
| Canada: | Yes, 10 |
| Overseas: | Yes, 2 |
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