The dream vacations franchise is an extraordinary opportunity for anyone who wishes to make their travel dream a reality. The company’s franchise model is highly adequate, as it not only provides its franchisees with a great business experience but also provides a significant discount on franchisee travel to provide service experiences that franchisees will sell to their customers.
The dream vacation company is also known for providing excellent customer service, and they allow customers to select their tour online with the assistance of an experienced vacation planner. So, if you want to start a travel agency, keep in mind that the industry will only thrive if the economy allows people with enough money to spend on such luxuries. And dream travel is one of the best options for low-cost travel.
Ranked best travel agency franchise in Entrepreneur’s Franchise 500 list. As per Statista, the cruise and travel agency franchise market grew 3.5 times from 2011 to 2022 from $1.5 billion to $5.1 billion. There was an annual growth of more than 10% in the last 12 years. This is robust growth for any franchise industry business. I recommend you explore business opportunities in the travel domain, especially after all covid restrictions are moved.
What is the Dream Vacation Franchise?
The dream vacation began its journey in 1991 when the tour and travel industry began to boom and become a primary interest for fun enthusiasts in the United States. As part of a travel holding, the company gradually grew in the home-based travel industry and became one of the world’s largest cruise sellers.
The company sells travel packages that include travel insurance, tours, and hotels for couples, families, individuals, and businesses. They also offer excursions or educational tours to schools, groups, churches, communities, and other organizations.
The question now is whether the CruiseOne franchise and the dream vacations franchise are the same. The answer is yes, CruiseOne is Dream Vacations’ parent company. CruiseOne is for their cruise vacation opportunity.
As a franchisee, you can choose which trademark to use. They will provide the same support, training, marketing, and so on for both trademarks. Dream Vacation is a home-based franchise business that has over 1500 franchisees across the United States. So, if you enjoy traveling and want to pursue a career in the travel industry, this franchise opportunity is ideal for you.
Though, no prior experience is required to join the franchise, having some may cost you less than other franchises.
Is Dream Vacations A Franchise?
Nowadays, the travel industry is exploding, and with the rise in per capita income, holiday or vacation travel is in high demand, with bookings increasing dramatically. Dream vacation travel agency is a company that will provide you with a one-of-a-kind position for interested travelers looking for the advice of a travel expert who will help them with a great deal and a great travel experience.
Being in the industry for over 30 years, the brand allows you to build your client base while assisting you with the process of obtaining clients and having a great experience in a long-term relationship with others, or you can say it’s a single-owned business experience.
Though many business owners have prior experience in the travel industry, new owners have the opportunity to learn everything there is to know about the travel industry with the help of a dream vacation. It is not your average opportunity; as a low-cost home-based franchise, it provides everyone with a boost of new business as well as a side business.
Even if you are traveling, the company allows you to manage from anywhere using the Internet. As a result, we can conclude that it is an ideal business opportunity for anyone who enjoys traveling and wishes to provide a memorable travel experience to the community.
Dream Vacations Franchise Reviews
You must know these facts about Dream Vacations
1. You can take a dream vacation any time of year.
2. Dream vacations can be taken anywhere in the world.
3. You don’t have to be rich to take a dream vacation.
4. You don’t have to be a celebrity to take a dream vacation.
5. You don’t have to be young to take a dream vacation.
6. You don’t have to be a stay-at-home mom to take a dream vacation.
7. You don’t have to be a traveler to take a dream vacation.
8. You don’t have to be an expert at travel
Dream Vacations Franchise Review and Information
|Industry Type||Services Franchises|
|Sub Category||Travel Agencies|
|Company Name||World Travel Holdings|
|Founder/Management Head||Brad and Jeff Tolkin, Co-CEOs/Chairmen|
|Employees at Company H.O||105 + employees at H.0|
|Franchise Expansion Plan||United States and Canada|
|Number of Units||1,618|
|Number of Franchise Units||1178 (as of 2020)|
|Social Media Handles|
|Company Office location||1201 W. Cypress Creek Rd., #100Ft. Lauderdale, FL 33309|
Dream Vacations Franchise Review and Requirements
Dream Vacation operates on a low-cost, home-based business model. As a result, there aren’t many franchise requirements.
They only needed someone who has
- A strong interest in travel
- Dedication to success and enthusiasm for owning a travel business
- The ability to drive your own business and enjoy being the owner of the business
- Has sufficient funds to cover the total investment, which will range between $3,245 and $21,850.
- Prior travel industry experience is preferred but not required.
How much does a Dream Vacations Franchise cost
Dream Vacation franchises are among those that are inexpensive, require little effort, and offer a lucrative business opportunity. The initial cost of a Dream Vacations franchise ranges between $3,245 and $21,850 and includes a license for the franchise, access to the client database, training, and ongoing support, among other things. This cost is determined by the franchisee’s prior experience in the travel industry.
The initial cost of the franchise fee will be between $495 and $9,800, with a royalty fee of 1.5-3 percent. The franchise fee for new franchisees with no travel industry experience will be $9,800, $3,195 for intermediate, and $495 for experienced.
The veteran will receive a $5,000 establishment package as well as a 30% franchise fee waiver.
Veterans/military spouses will have their training fees waived, and business partners will have their training fees reduced by half.
Dream Vacations Franchise Cost
|Dream Vacations Franchise Fee||$495 to $9,800|
|Dream Vacation Franchise Cost||$3,245 to $21,850|
|Royalty Fee||1-3 %|
|Term of Agreement||5 years|
|Is the franchise term renewable?||Yes|
|Renewable Franchise Fees||50% of Initial Franchise fees|
How much do Dream Vacations franchise owners make?
The average Dream Vacations franchise owner commission income earned $206,000 in 2017. Dream Vacations is a franchised travel company that operates as a hotel chain. In 2017, the company reported $1.6 billion in revenue. Dream Vacations is one of the top franchisors of travel-related services.
Dream Vacations is a rapidly growing international business with a profit potential of $2 million to $5 million. The business offers a unique and exciting vacation experience that can be enjoyed by families and couples. The Dream Vacations brand offers a variety of vacation options, including family-friendly resorts and all-inclusive resorts. The franchise has a proven track record of success, with over 130 locations open worldwide.
What are Dream Vacations franchise income and profit?
The Dream Vacations franchise owners can make a profit with commission income received after selling the travel packages. After this, they need to bear with its administrative cost to run the Dream Vacation franchise.
The business is currently expanding in the United States and is looking for an experienced franchisee to help lead the charge. Dream Vacations offers a comprehensive training program that will teach you the ins and outs of the franchise. The business is also backed by a high potential.
Is the Dream Vacations Franchise Income Profit and Salary worth the cost?
As per records, the average Dream Vacations franchise owner salary is $70,000 approximately. This is an exceptional return on the cost of $21,500 for the dream vacation franchise.
Dream Vacations Training & Support Offered to Franchises
Dream Vacations owners will go through a 6-day training process, beginning with 148 hours of classroom training. Their expert training team will provide you with this educational training in any mode you prefer, such as in-person or virtually, 24 hours a day, seven days a week.
You will also gain hands-on experiences in the travel industry, such as cruise ships, tours, and resorts. They also provide world-class support through their dedicated support team, which will guide you from the start and provide all necessary ongoing support.
Dream Vacations Operations & Support To Franchises
Dream Vacation offers excellent operational support to its franchisees. They offer assistance ranging from lead generation programs to database growth tools. It will also assist you in lead identification, database building, and relationship development with customers.
They also offer web-based business tools that allow for easy remote access. They also offer award-winning marketing assistance, such as industry expert support, 95 percent free marketing, and email marketing. They also offer a virtual event and a 7-day conference on a cruise ship for their franchise.
How is Dream Vacations Territory Granted to Franchises
Because franchisees will provide their services all over the world, there is no need for an exclusive territory, as there is no limited access to the territory for certain businesses.
Typically, the company will contact specific aligned services that allow franchisees to book vacations across the United States and Canada. You can also book international travel services for international visitors.
What is the Dream Vacations Term of Agreement and Renewal?
The initial term length for the Dream Vacations franchises is 5 years. If franchisees are eligible for renewal requirements, traditional shop owners will have one 5-year term available. Concession shop owners have no renewal term. Also, review the Dream Vacations franchise disclosure document before signing for it.
Does Dream Vacations provide Financial Funding to Franchises?
Dream Vacations offers in-house financing to new franchisees to cover the initial fee. Partner companies may provide additional funding to franchisees.
Pros & Cons of Dream Vacations Franchise
There are many Dream Vacations franchise pros and cons to consider when thinking about starting a business.
Here are a few key points to consider
Pros of Owning a Dream Vacation Franchise
- The franchisee will receive a 100% commission.
- The business model is low-cost and home-based, allowing franchisees to work from anywhere.
- Travel will be provided to franchisees for free or at a significant discount.
- As preferred, franchisees will receive training in regional locations.
- A seven-night cruise-based annual conference where franchisees can learn and network.
- The Dream Travels company values transparency and integrity.
- They offer services such as lead generation and free automated direct mail.
- Part-time and passive ownership
- A Dream Vacations franchise offers a high level of potential for success. The company has a proven track record of success, and there is a lot of potential for growth.
- Dream Vacations franchises are well-established and have a large customer base. This means that the business has a lot of experience and knowledge to draw on, which can make it a very stable and successful venture.
Cons of Owning a Dream Vacation Franchise
There are a few potential cons to consider when considering a Dream Vacation franchise.
- Currently, franchise bookings for Sudan, Cuba, North Korea, Iran, and Syria are not possible.
- First, the operation can be very demanding on both the owner and the employees.
- Second, the franchise may be very expensive to start up and maintain.
- Third, the market may be relatively small, which could make it difficult to achieve a high level of profitability.
- Finally, the Dream Vacations system is not particularly well known or accepted by consumers, which could make it difficult to attract new customers.
Dream Vacations Franchise Reviews
Dream Vacation is a popular franchise that offers travelers the opportunity to enjoy a dream vacation without having to leave home. The franchise offers travelers the opportunity to purchase vacation packages that include airfare, hotel, and car rental. Dream Vacations also offers a variety of optional activities that can be added to the vacation package.
The Dream Vacation franchise was founded in 1991 and currently operates in over 30 countries. The franchise has a strong online presence and offers a variety of customizable packages that can be tailored to the individual needs and interests of the traveler.
The Dream Vacation franchise has a strong reputation for providing quality vacations at a fraction of the cost of traditional vacation packages. You should review the dream vacations franchise opportunities and meet the existing owners for reviews on cost, profit, and commission income.
Dream Vacations Rankings
Dream Vacations is one of the world’s leading vacation rental companies. They have over 1,000 properties in over 60 countries and offer a wide variety of vacation rental options, from properties that are directly owned and operated by the company, to properties that are managed by third-party vacation rental companies that are affiliated with Dream Vacations.
In terms of rankings, Dream Vacations is one of the most highly respected and well-known vacation rental companies in the world. They are ranked #1 in the world in terms of overall brand awareness, and they are also ranked #1 in terms of overall customer satisfaction.
In terms of Dream Vacation franchise rankings, ranked #1 in the travel category by Entrepreneur Magzine.
Franchise Deck Analysis and Overview
So, all I can say is that dream vacation is based on a simple franchise business model of a low-cost home-based franchise that has supported integrity and transparency for more than three decades.
Not only that, but they also offer world-class support for travelers and travel enthusiasts through lead generation, email marketing, and service relationship management. Their company gives you the opportunity to play not only in the United States or Canada but also internationally.
They also offer the highest commission (100%) with low royalty and excellent offers for franchisees’ own travel. Not only that, but they also provide franchisees with passive and flexible ownership, allowing them to run their business from anywhere in the world.
So, if you are a travel enthusiast looking to start a full-time or part-time travel business, dream vacations are one of the best franchises to consider.
Conclusion: Should You Buy the Dream Vacations franchise for Sale?
Dream Vacations is the best travel franchise in the world and is a low-cost home franchise with a promising future. They not only provide franchise opportunities but also excellent travel opportunities to their franchisees.
Their services help your business grow to the next level by providing flexibility and excellent marketing support. So, now is a great time to combine your travel passion with a pocket-friendly business.
I hope you liked this overview of Dream Vacation, please share your suggestions, feedback, and franchise reviews in the comments below.
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