Business Description

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:	225	99.6%
Company-Owned Units:	1	0.4%
Total Operating Units:	226	100.0%
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: 226 100.1.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. New Jersey	26
2. Florida	18
3. California	14

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

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
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
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. NJ	1 Week
2. Orlando, FL	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 30 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Travel Network.