Travel Network
Travel Network
560 Sylvan Ave.
Englewood Cliffs, NJ 07632
800#: (800) 669-9000
Tel: (201) 567-8500
Fax: (201) 567-4405
E-Mail: [email protected]
Web Site: www.travelnetwork.com
Contact: Mr. Michael Y. Brent, President
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
Established: 1982
First Franchise: 1982
Franchise Units: 225
Company-Owned Units: 1
Total Units: 226
Distribution:
U.S. -- 178;
Canada -- 4;
International -- 44
-North America -- Operations in 35 States, 1 Province
-States/Provinces with Greatest Density: 26 in NJ, 18 in FL, 14 in CA
Projected New Units Over Next 12 months: 30
Franchisee Qualifications: 4, 4, 1, 2, 3, 4
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA,WI,DC, AB (Click here for an explanation)
Average Number of Employees: 2 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 600+ SF; SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $80K
Total Investment: $120K
Average Total Investment: $120.0K
Minimum Net Worth: $50K
Fees:
-Franchise: $14.9K
-Average Franchise Fee: $14.9K
-Royalty: $350/Mo.
-Advertising: $50/Mo.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/15
Passive Ownership: Discouraged
Area Development Agreements: Yes/20
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 18
On-Going Support: a,B,C,D,E,G,H,I (Click here for an explanation)
Training: 1 Week in NJ; 1 Week in Orlando, FL.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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