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What's The Best Franchise for
YOU?
Get the information you need to make a wise decision.
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It's Your Money
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Hear industry expert Jeff Elgin speak about the rewards of franchise ownership.
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Overwhelmed?
Let the industry expert consultants from FranChoice guide you in your search for the perfect franchise opportunity.
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CRUISE ONE - FDD UFOC ITEM 7 Detail
ITEM 7.���� INITIAL INVESTMENT
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ITEM[1]
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AMOUNT
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METHOD OF PAYMENT
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WHEN DUE
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PAYMENT MADE TO
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Initial Franchise Fee"
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$495 - $9,800
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Lump sum
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Upon signing the Franchise
Agreement
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CruiseOne
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Your Training and Travel''
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$200-$250
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As incurred
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As incurred
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Airlines & Restaurants
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Additional
Signatories/ Associates Training and Travel''
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$0-$1,245
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Lumpsum
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Upon signing the Franchise
Agreement (or if not already paid 30 days before scheduled training)
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CruiseOne, Airlines, Hotels, & Restaurants
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Office Equipment and Furniture[2]
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$0-$1,500
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As Incurred
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As incurred
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Vendors
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Initial Office Supplies''0
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$230 - $545
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As incurred
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As incurred
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Vendors
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Computer Hardware Equipment"
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$0-$2,500
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As incurred
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You must have this equipment before you open for
business
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Vendors
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Insurance, Legal, and Accounting"
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$100-$1,000
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As incurred
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As incurred
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Vendors
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Permits, Franchises, Bonds, & Memberships[3]
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$150 - $650
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As incurred
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As incurred
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Third Parties
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Initial Promotion and Advertising"
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$2,400-$3,600
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Approximately
$800 � $1,200/mo. {for 3 mo)
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As incurred
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Vendors
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ITEM5
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AMOUNT
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METHOD OF PAYMENT
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WHEN DUE
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PAYMENT MADE TO
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Additional Funds
{3 Months initial phase for full-time franchisees)[4]
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$1,000 -$5,000
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Approximately
$333-$1,666/mo. (for 3 mo)
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As incurred
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Vendors
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Designated Credit Card
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$0 - $75
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Lump sum
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Annually
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Credit Card Company
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TOTAL[5]
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$4,575-$26,165
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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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Franchise Categories
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Franchises
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CruiseOne
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CRUISE ONE FDD & UFOC Data
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CRUISE ONE FDD & UFOC ITEM 7
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