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CRUISE ONE - FDD UFOC ITEM 7 Detail

ITEM 7.���� INITIAL INVESTMENT

 

ITEM[1]

AMOUNT

METHOD OF PAYMENT

WHEN DUE

PAYMENT MADE TO

Initial Franchise Fee"

$495 - $9,800

Lump sum

Upon signing the Franchise Agreement

CruiseOne

Your Training and Travel''

$200-$250

As incurred

As incurred

Airlines & Restaurants

Additional Signatories/ Associates Training and Travel''

$0-$1,245

Lumpsum

Upon signing the Franchise Agreement (or if not already paid 30 days before scheduled training)

CruiseOne, Airlines, Hotels, & Restaurants

Office Equipment and Furniture[2]

$0-$1,500

As Incurred

As incurred

Vendors

Initial Office Supplies''0

$230 - $545

As incurred

As incurred

Vendors

Computer Hardware Equipment"

$0-$2,500

As incurred

You must have this equipment before you open for business

Vendors

Insurance, Legal, and Accounting"

$100-$1,000

As incurred

As incurred

Vendors

Permits, Franchises, Bonds, & Memberships[3]

$150 - $650

As incurred

As incurred

Third Parties

Initial Promotion and Advertising"

$2,400-$3,600

Approximately $800 � $1,200/mo. {for 3 mo)

As incurred

Vendors

ITEM5

AMOUNT

METHOD OF PAYMENT

WHEN DUE

PAYMENT MADE TO

Additional Funds {3 Months initial phase for full-time franchisees)[4]

$1,000 -$5,000

Approximately $333-$1,666/mo. (for 3 mo)

As incurred

Vendors

Designated Credit Card

$0 - $75

Lump sum

Annually

Credit Card Company

TOTAL[5]

$4,575-$26,165

 

 

 

This table estimates your initial start-up expenses. These figures represent our estimates based upon our experience and that of other franchisees. We do not guarantee that you will not have additional and different expenses than those identified here. Your actual costs will depend on many factors, including how well you follow our directions and suggestions, your business skill and experience, local economic conditions, local competition, and your sales levels during the initial period.

 

 



[1] Although the franchised business is usually operated from your home (in which case you will not incur any additional lease expense for your office), you may choose to operate your franchised business from a commercial location.

training (one hotel room). You are responsible for travel expenses beyond our $500 travel allowance. Gold level franchisees attend on-line training and do not receive the $500 allowance or lodging.

13 As a Franchisee of CruiseOne, you will automatically become an associated member in professional organizations, including the Cruise Line International Association. You will have to obtain whatever permits and bonds are required under local or state law,

[4] To compile these estimates, we have relied on feedback from our franchisees and general review of the likely types of expenses franchisees will incur.

[5] To compile these estimates, we have relied on feedback from our franchisees and general review of the likely types of expenses franchisees will incur.





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