Fun Franchise with Travel Perks - Expedia Cruises Vancouver
| Asking Price: | $1,700,000 |
| Gross Revenue: | $1,300,000 |
| FF&E: | $193,000 |
| Cash Flow: | $454,000 |
| EBITDA: | $359,000 |
| Established Year: | 1999 |
This is a great opportunity to acquire an existing Expedia Retail Franchise Store opened in 1999. Expedia Cruises is an award-winning franchise model, the only brick-and-mortar retail store within the Expedia Group of companies, and is a leading seller of air, land, and sea vacations in North America.
As an Expedia Cruises Franchisee, you'll benefit from the well-known brand affiliation and exclusive territory granted to this West Vancouver Location. This owner-operated franchise has independent commissioned sales agents who are responsible for booking the trips and travel with clients. Franchisees also receive sales leads from the Expedia Cruises website, telephone inquiries, direct walk-ins, and a robust marketing program targeted within their geographic territory specified by postal codes.
In addition to the sales, marketing, and cutting-edge office automation technology, one of the things that makes Expedia Cruises special is the hands-on support staff working out of the corporate office in Vancouver, British Columbia. The corporate staff trains all new owners who participate in the 1-week Cruise Management Academy (CMA) program and invites every travel consultant to participate in the Navigators Club business development program. The goal has always been to equip franchisees to be great leaders while making it easier for them to train their team of Vacation Consultants and boost their profitability.
This lifestyle business includes free & deeply discounted travel, an immediate $46,000 salary for the new owner, and 3-year average earnings of $421,000+ per year in addition to any commissions received on sales booked by the owner. If you love to travel, want to work with great people, learn, and have fun then this is a career well worth considering. After all, fun is what the travel business is all about!
Franchise Highlights:
On track to achieve $1,450,000+ in Revenue from $11million+ in retail travel and insurance sales.
Exclusive territory in West Vancouver
No travel agency experience is required just manager online course certification
World-class support and cutting-edge office automation by Expedia Cruises' (Vancouver, BC)
No inventory and no leasehold improvements are required - Brand Standards up to date
939 sqft leased premises
Leverage marketing and awareness campaigns from Expedia Head Office to save time & money
Must travel to Vancouver to receive final pre-approval to transfer franchise ownership to new owner
Expedia National conference and anchor training meetings take place twice per year.
