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Cruise Holidays 701 Carlson Pkwy., MS 8207
Minneapolis, MN 55305
800#: (800) 496-2255 Tel: (763) 212-2358 Fax: (763) 212-8270
E-Mail: [email protected]
Web Site: www.cruiseholidays.com
Contact: Ms. Marni Pietrzak, Director Franchise Development
CRUISE HOLIDAYS is a cruise-specialty and land tour retail franchise.
Franchisor Background
Established: 1984
First Franchise: 1984
Franchise Units: 125
Company-Owned Units: 0
Total Units: 125
Distribution:
U.S. -- 94;
Canada -- 31;
International -- 0
-North America -- Operations in 30 States, 5 Provinces
-States/Provinces with Greatest Density: 20 in ON, 11 in CA, 10 in NJ
Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 4, 5, 3, 4, 3, 4
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 1 FT Initially (FT = Full Time, PT = Part Time)
Space Needs: 800-1,000 SF; SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30K
Total Investment: $139K+
Average Total Investment: $139.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 1%/$525/Mo. Min.
-Average Royalty: 1.0%
-Advertising: No
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 9
On-Going Support: C,D,E,G,h,I (Click here for an explanation)
Training: 3 Weeks Minneapolis, MN.
Franchisor's Specific Expansion Plans
U.S.: All US Except AK
Canada: All Canada Except PQ, NB
Overseas: No
Note: NR = No Response by Franchisor.
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