Fees and Costs
The Travel Franchise
Joining the Destinations Desired Family:
Fees and Costs for Aspiring Franchisees
Embarking on your journey as a Destinations Desired franchisee is an exciting opportunity to build a thriving business in the travel industry. Understanding the financial commitment is crucial to ensure a successful start.
Initial Franchise Fee
The first financial aspect to consider when joining Destinations Desired is the initial franchise fee.
This fee, typically ranging from £150 (for experienced travel professionals) to £4,995 (for non-experienced travel professionals), grants you the license to operate your travel business under the prestigious Destinations Desired brand. It also covers the cost of:
- Comprehensive training and onboarding
- Access to the Destinations Desired’ booking system and technology platform
- Marketing and promotional materials to kick-start your business
- Ongoing support from the Destinations Desired’ head office team
Working Capital
As a new franchisee, it’s essential to have sufficient working capital to cover your business expenses during the initial months of operation. This may include costs related to:
- Marketing and advertising
- Business supplies and equipment
- Insurance and professional fees
- Travel to conferences, training sessions, and industry events
The amount of working capital needed depends on your individual circumstances and business scale.
Commission Royalty Fees
Destinations Desired typically charge a monthly royalty fee, which is a percentage of your commission.
This fee covers the ongoing support and resources provided by Destinations Desired, such as:
- Central administration of bookings, marketing and financial aspects
- Access to the booking system and technology platform
- Ongoing training and professional development
- Marketing support and materials
- Franchisee support services and network
The exact percentage of the royalty fee will vary, but expect it to be in the range of 15% to 25% of your commission.
The Travel Franchise
Start Your Travel Business with Destinations Desired Today!
Joining the Destinations Desired family as a franchisee offers a unique opportunity to build a successful business in the travel industry. By understanding the fees and costs involved, you can make informed decisions about your investment and set yourself up for long-term success. Remember that the support and resources provided by the Destinations Desired franchise are designed to help you achieve your entrepreneurial dreams and make your mark in the competitive world of travel.
Take the First Step Towards Your Dream Travel Business
Are you ready to embark on an exciting and fulfilling journey as a travel franchisee?
Join our thriving network of travel professionals at Destinations Desired and unlock your potential to build a successful business in the booming travel industry.
Get in touch with us today to learn more about our franchise opportunities and take the first step towards achieving your dreams!