Curious to know how much a Cruise Planners franchise owner makes? Well, you are at the right place.
Here, we are going to discuss all things related to the Cruise Planners franchise and its profitability and whether buying this franchise is worth it or not. So, let’s get started.
What Is A Cruise Planner?
Cruise Planner is a traveling agency that offers lucrative services to explore the world by sea and land.
It is an American travel service that provides quality service at very competitive pricing to fulfill all your needs during your traveling.
In 1994, Cruise Planner was founded by Michelle Fee along with Lynn Korn and Marvin Davis. However, the credit for the success of the Cruiser planner goes to Michelle. Her passion and willingness drove their business to success.
Today, Cruise Planner has more than 2500 outlets, and it is one of the nation’s largest home-based travel franchises.
Cruise Planner offer franchise opportunities to those investors who are willing to do traveling business, and they never require any kind of prior experience in traveling business.
Everyone is eligible to buy a Cruise Planner franchise without any restriction.
Moreover, their franchise policy is very flexible, and they also provide training, financing support and as well as veterans discounts, and all kinds of support you require to run your business.
How Much Does A Cruise Planner Franchise Owner Make?
As per records, Cruise Planner can generate $6,447,000 annual revenue through its commission.
An individual Cruise Planner franchise owner can easily make $58,000 annually and $28 per hour.
The profit of the Cruise planner franchise is only 3% lower than the national average for all Franchise Owners at $60,000 annually.
However, the profit varies on your potential. The figure that we have shared is an average figure, and there is a possibility that franchise owners can make more than this.
What Is Cruise Planner Known For?
Cruiser Planner is known for its best travel service. It is one of the biggest names in America that provide traveling service.
They specialize in booking cruises to destinations around the world. Moreover, they have special amenities on thousands of Cruise tour departures.
The best thing about Cruiser planner is that they accept all major credit cards, which attracts more customers and always offers travel protection to ensure your trip.
Read: Dream Vacation Franchise
Pros & Cons Of Cruise Planner Franchise
Pros Of Cruise Planner Franchise
- Accepts all credit card
- Low travel fee
- Exclusive offer
- Specialist in providing services
- Special amenities
- Low-cost franchise
- Home-based business
- Financing support available
- Training program available
- Comprehensive travel protection products are provided
- Franchisees have flexible rights to run your own traveling agency
Cons Of Cruise Planner Franchise
- We have never seen any cons of the Cruise Planner franchise.
Is Cruise Planner Franchise Profitable?
As per Small Business Administration, the typical franchise investment is around $20,000-$50,000, and an average franchise owner can make $60,000 annually.
If we follow this data, then yes, the Cruise Planer has the potential to earn a high profit because it requires a low-cost investment which is around $2,295-$23,665, and in return, it can generate an average profit of $58,000 annually.
And this data proves that the franchise is giving more return than your investment. However, this is an average profit.
In reality, there is a possibility to make more than $58,000 or less than that; it all depends on your skills and business techniques.
Overall, the franchise performance is good, and it has the potential to make a high profit.
So if you could do your best and put extra effort into the business, then you can easily make $28 per hour or more than that with the Cruise Planner franchise.
As we discussed above, Cruiser Planner offers traveling service opportunities to entrepreneurs, and the policy of the franchise is very flexible.
You don’t need to follow any longer rigorous interview process, and also, you can buy this franchise without any experience.
Moreover, it is a home-based franchise and requires a low-cost investment, and franchisees have the right to run their business with their own flexibility.
Overall, we have never seen any downside in this franchise. It also makes a decent amount of profit without any huge investment.
If you want, you can also do some part-time business with this franchise which means they never stop you for anything.
To Conclude, Cruise Planner is one of the best franchise opportunities to invest in.
Still, if you have any confusion, you can read the Franchise Disclosure Document to understand the policy in-depth.
Frequently Asked Questions
What is the annual revenue of Cruise Planner?
An individual Cruise Planner franchise owner makes approximately $58,000 annually.
How much does it cost to buy a Cruise Planner franchise?
An initial investment required to open a Cruise Planner Franchise is $2,295-$23,665.
How many Cruise Planner franchises are there?
Cruise Planner has more than 2500 outlets around the world.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise