DREAM VACATIONS Franchise Startup Cost, Profit Margin, Revenue and Locations
Dream Vacations, is considered as the largest seller of cruise vacations in the whole of United States. They have more than 1000 independently owned franchise units. The travels firm offers the best customers service and give their customers the chance to plan their tours online while they enjoy unique touches of an experience vacation expert. So as an entrepreneur, this is one of the best franchises that can offer you the freedom to cruise the world while making money at the same time. So how much is a Dream Vacations franchise?
ABOUT THE COMPANY
Dream Vacations was established in the year 1991 at a time when travels and tours became a necessity among fun seekers in the United States. The company is involved in the sales of travel packages, which include travel protection, hotels and tours to couples, individuals, families and businesses. They are also a very good choice when it comes to organizing excursions for groups, schools, churches, communities and so on.
IS DREAM VACATIONS A FRANCHISE?
The instant success the company enjoyed immediately after it was established spurred them into selling franchises the following year. Dream Vacations is a franchise and they have been selling franchise opportunities since the year 1992.
The company has a highly performing franchise model, and great opportunities are afforded to their franchisees. For instance, as a Dream Vacations franchisee, you have the opportunity to travel round the world at a highly discounted rate to get yourself familiar with the services you will be selling to your customers.
IS THERE ANY DIFFERENECE BETWEEN CRUISEONE AND DREAM VACATIONS?
There is no difference between the two companies. In fact, Dream Vacations is an affiliate of CruiseOne, which is the parent company that oversees the activity if Dream Vacations franchise and other franchises under its umbrella.
As a franchisee, you have the choice of choosing which of the trademarks you will opt for. But be rest assured that either of the two that you choose, you will surely get same marketing programs, corporate supports, trainings and online webinars etc.
HOW DO I GET MY CUSTOMERS?
There are so many ways of getting customers in a business. One of the benefits you get from buying into a Dream Vacations franchise is that the company will guide you in the process of getting clients for your business and they will also share the best practices from their most successful franchise owners.
HOW MUCH CAN I MAKE WITH A DREAM VACATIONS FRANCHISE?
This is one question that a lot of franchisees seek to know before buying into a franchise. you should understand that franchising is regulated by the FTC and it is not permitted to give earning claims. However, a potential franchisee can seek earning information from existing franchisees with the company.
It is also important to note that your success in the business fully depend on you. The number of hours and efforts you input into your business will determine how far you go. With Dream Vacations you are certain to earn commissions from sales of a wide variety of services: vacations, excursions, travel insurance and lots more.
DO I BENEFIT FROM ANY EXCLUSIVE TERRITORIES?
In the Dream Vacations franchise business, you will not get any exclusive territory because the franchise serves tourists from all over the world and are not limited to a certain territory. Generally, the company’s contract with cruise lines allows for them to book tours within the United States and Canada. However, you can also make booking for international toursists as this is allowed by some cruise lines. But presently bookings cannot be made in the following countries: Iran, Sudan, Cuba, N.Korea and Syria.
HOW MUCH DOES A DREAM VACATIONS FRANCHISE COST?
As it is with most other franchises, it is also lucrative buying into a Dream Vacations franchise. The Dream Vacations franchise cost is although minimal and it is the summation of all the investments that you will need to expend in the course of establishing your franchise unit. The initial investment needed is between $4,000 and $21,000 and this will cover for the franchise license, ownership of clients’ database, 6-day training, on-going support, website, marketing support and so on.
DREAM VACATIONS FRANCHISE FEE
The Dream Vacations franchise fee is the payment made to the company to get the franchisee the license to operate under the company’s brand names. The initial franchise fee is non refundable and also renewable after an agreed period of time. The franchise fee varies between $495 to $9,800. An additional on-going royalty fee of about 3% of the monthly gross revenue of the franchise unit is also payable to the company.
New franchisees with the company will get in-house financing to cover for the cost of the franchise fee. Franchisees that need additional funding will need to work with any of the company’s partners to source for financing.
HOW TO OPEN A DREAM VACATIONS FRANCHISE
The information in this article on how to open a Dream Vacations franchise will not be all that you need. Once you have been acquainted with the company’s requirements to open a franchise unit, you then proceed to their website to submit your application.
Once your application is reviewed, the company will get back to you and if you are considered for a franchise opportunity, the company will assign to you a franchise manager. The franchise manager will be responsible for the sating up of your franchise unit. He will work along-side his team members to assist you with the project.