Travel Owning an Expedia Retail Franchise

Kitchener, Ontario

Southwestern Ontario


Asking Price: Annual Revenue:
$450,000 $700,000

Services: Travel Related Services


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RE: Travel Owning an Expedia Retail Franchise Broker: Rob Mitchell

Quick Facts

Asking Price: $450,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $216,000
Total Debt: Not Disclosed
FF&E: $77,500
Real Estate: Not Disclosed
Year Established: 2002
Employees: 16
BBN Listing #: 49118349
Broker Reference #: P002

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Business Overview:

Expedia Cruises', is an Award-Winning Retail Franchise System, part of the Expedia Group. This is a rare opportunity to own the only brick-and-mortar retail store model within the Expedia Group of companies, a leading seller of air, land, and sea vacations in North America.

Stepahnie's Cruises, Inc was a CruiseShipCenter (CSC) franchise operating since 2002 until the acquisition of CSC by the Expedia Group in 2008. Expedia Group’s move to consolidate the cruise sales side of its business highlights cruise vacations and the growing cruise category within the global travel industry.

As an Expedia Cruises Franchisee, Stephanie's cruises benefits from the well-known brand affiliation and exclusive territory for all cruise inquiries and sales, including commissions paid to the franchise for any direct online cruise bookings made through any of Expedia's websites. Franchisees also receive sales leads from Expedia websites, all telephone inquiries, direct walk-ins, and a robust marketing program, within their market territory.

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. 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.

The success of this Kitchener-based franchise business can also be attributed to the great leadership and passion exhibited by the current owner. She has had the pleasure of working with thousands of satisfied customers and investing her time into a loyal group of 14 independent travel consultants working in a fun and fast-paced retail office environment for over 20 years. The owner loves the travel industry so much that she would like to sign a long-term travel consultant agreement (commission-only) with the new owner to continue to support and grow this Kitchener, Ontario Franchise.

This lifestyle business includes free & deeply discounted travel, an immediate salary, and earnings of $200,000+ per year plus the owner's long-term commitment to remaining onboard. 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 this business is all about!

Franchise Highlights:

On track to achieve $6 million in revenue generating $700,000+ in commissionable income Exclusive Expedia Franchise location in the heart of Kitchener - one time opportunity
No travel agency experience or education is required just basic TICO certification online course World-class support and cutting-edge office automation by Expedia Crusies' (Vancouver, BC) No inventory, and no leasehold improvements are required
1,800 sqft leased premises in the same location for 20 years
Growth opportunity with the current owner remaining on board as a travel consultant More marketing and awareness campaigns could increase revenue by (50%)
Must travel to Vancouver to receive final pre-approval and transfer of franchise ownership Yearly Expedia conference and awards meeting and learning with other franchise owners

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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