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Travel Network
 

Join the exciting travel industry with the leading travel franchisor as the owner of a TRAVEL NETWORK full-service travel agency catering to the business and leisure traveler. A TRAVEL NETWORK VACATION CENTRAL agency focuses solely on the lucrative leisure travel markets, or, as the owner of a full-service agency, catering to the business traveler as well as the leisure traveler. Our program includes complete start-up assistance, site selection and more.

Franchisor Background

Year Established:

  1982

Franchising Since:

  1982

Operating Units:

Franchised Units:264 99.6%  
Company-Owned Units:1 0.4%  
 ______ _____  
Total Operating Units:265 100%  
 

Geographic Distribution:

U.S.:178 78.8% In 35 States
Canada:4 1.8% In 1 Canadian Provinces
International:44 19.5% In 0 Foreign Countries
 ______ _____  
Total:226 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New Jersey26
2. Florida18
3. California14

Registered in Following Registration States:

   California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$80K
Total Investment:$120K
Average Total Investment:$120K
 

Fees:

Initial Franchise Fee:$14.9K
Average Franchise Fee:$15K
On-Going Royalty:$350/Mo.
Average Royalty:-1%
Advertising Fee:$50/Mo.

Average Number of Employees:

   2 Full-time, 5 Part-time

Space Needs (in square footage):

   600+

Preferred Sites:

   Storefront

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:18
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. NJ1 Week
2. Orlando, FL1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:1
Formal Education:2
Psychological Profile:3
Personal Interview(s):4

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

Terms of Contract

Term of Initial Contract:15 Year(s)
Term of Renewal Period:15 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   30
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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