All About Honeymoons
Date Incorporation: 2003
Franchising Since: 2003
Headquarters: Denver, Colorado
Description: All About Honeymoon travel agencies primarily focused on selling a wide variety of wedding, honeymoon and leisure oriented travel packages. The franchisee will be able to offer full service travel services to the general public.
Franchise Offer: The franchise offered is for the establishment, development and operation of independent travel agencies whose primary focus is on the wedding and honeymoon segment of the traveling population; though the franchisee will be permitted to book any other travel needs of the customer through the franchise.
Financial Assistance: The franchisor does not offer financing directly or indirectly for any part of the initial investment.
Training and Assistance: The Initial Training for the each level of participation combines written workbooks and CD-ROM training modules, videos and online modules. All training may be completed at any location. The franchisee does not have to travel to the franchisors headquarters to complete the training.
Territory: The franchisor will offer the franchisee the right to operate their business in a defined exclusive territory with a “Market Area." Each Market Area will be broken into its zip codes. In each Market Area, the total number of franchisees will be determined by the franchisor based upon the number and level of participation the franchisee may want. Once the franchisee has been assigned a portion of the Market Area, the same will be the franchisee’s "Exclusive Territory."
Term of Agreement and Renewal: The initial franchise term is 10 years. Additional 5 year renewal terms are available.
Obligations and Restrictions: The franchisee does not have to participate personally in the direct operation of the business, although the franchisor recommends that the franchisee does so. If the franchisee does not participate in the day-to-day operation of the business, the franchisee must designate a Principal Operator to be responsible for the direct supervision of the business. The franchisee must offer all of the services that the franchisor requires and which have been disclosed to the franchisee in the operations manual or in other written instructions delivered to the franchisee. The franchisee may offer other goods or services not previously offered in the system only after the franchisee has obtained express written permission.
Total Number of Franchised Units: 14 as of 2004
Investment Tables:
Initial Investment:
Independent Agent
| Expenditures | Low | High |
|---|---|---|
| Initial Franchise Fee | $9,000 | $9,000 |
| Premises Lease, utilities and other costs | $0 | $0 |
| Leasehold Improvements | $0 | $0 |
| Furniture, Fixtures, Equipment, Tools, Software, and Signs | $300 | $1000 |
| Insurance | $250 | $900 |
| Initial Training -Travel and Lodging Expenses | $0 | $0 |
| Professional Fees | $0 | $500 |
| Pre-Paid Expenses | $0 | $800 |
| Additional Funds (3 months) | $0 | $3,000 |
| Marketing Start Up Fee (6 months) then 1% of gross | $1,800 | $1,800 |
| Total Estimated Initial Investment | $11,350 | $17,500 |
Associate Agent
| Expenditures | Low | High |
|---|---|---|
| Initial Franchise Fee | $18,000 | $18,000 |
| Premises Lease, utilities and other costs | $0 | $0 |
| Leasehold Improvements | $0 | $0 |
| Furniture, Fixtures, Equipment, Tools, Software, and Signs | $300 | $1000 |
| Insurance | $250 | $900 |
| Initial Training -Travel and Lodging Expenses | $0 | $0 |
| Professional Fees | $0 | $500 |
| Pre-Paid Expenses | $0 | $500 |
| Additional Funds (3 mos) | $0 | $3,000 |
| Marketing Start Up Fee (6 mos) then 1% of gross | $2,400 | $2,400 |
| Total Estimated Initial Investment | $20,950 | $26,300 |
Executive Agent
| Expenditures | Low | High |
|---|---|---|
| Initial Franchise Fee | $27,000 | $27,000 |
| Premises Lease, utilities, other costs | $0 | $0 |
| Leasehold Improvements | $0 | $0 |
| Opening Inventory | $0 | $0 |
| Furniture, Fixtures, Equipment, Tools, Software, and Signs | $300 | $1,000 |
| Insurance | $250 | $900 |
| Initial Training -Travel and Lodging Expenses | $0 | $0 |
| Professional Fees | $0 | $500 |
| Pre-Paid Expenses | $0 | $500 |
| Additional Funds (3 mos) | $0 | $3,000 |
| Marketing Start Up Fee (6 mos) then 1% of gross | $3,000 | $3,000 |
| Total Estimated Initial Investment | $30,550 | $35,900 |
Ongoing fees:
Independent Agent Fees
| Name of Fee | Amount |
|---|---|
| Royalty | From the annual "Gross Revenue," 3% for the first 500,000 - 2% for the next 250,000 and 1% thereafter |
| Marketing Fee | 1% of gross sales after first 6 months |
| Yellow Pages ad | Up to $500 |
| Audit | Cost of audit |
| Services, Materials and Supplies | Will vary under the circumstances |
| Amadeus Internet Access | $50 per month |
| Late Charges | 18% per annum or the highest rate permitted by law |
| Annual Convention Fee | $195.00 (optional) |
| Annual Convention travel | Optional: Will vary depending upon location of meeting |
Associate Agent Fees
| Name of Fee | Amount |
|---|---|
| Royalty | From the annual "Gross Revenue,” 3% for the first 500,000 - 2% for the next 250,000 and 1% thereafter |
| Marketing Fee | 1% of gross sales after first 6 months |
| Yellow pages ad | up to $500 |
| Audit | Cost of audit |
| Services, Materials and Supplies | Will vary under the circumstances |
| Amadeus Internet Access | $25 per month |
| Late Charges | 18% or the highest permitted by law |
| Annual Convention Fee | $97.50 for 1 person; $195 for each person thereafter |
| Annual Convention travel | Optional: Will vary depending upon location of meeting |
| Additional Assistance | The then current published rate which is currently $30 per hour |
| Renewal Fee | $500 |
| Accountant and Attorneys' Fees and Costs | Will vary under the circumstances |
| Indemnification | Will vary under the circumstances |
| Insurance | Will vary under the circumstances |
| Supplier/Supplies approval | $0 |
| Transfer Fee | 15% of the then current franchise fee |
| Virtual Office Fee |
$120 yearly |
Executive Agent
| Name of Fee | Amount |
|---|---|
| Royalty | From the annual "Gross Revenue,” 3% for the first 500,000 - 2% for the next 250,000 and l% thereafter |
| Marketing Fee | 1% of gross sales after first 6 months |
| Yellow pages ad | up to $500 |
| Audit | Cost of Audit |
| Services, Materials and Supplies | Will vary under the circumstances |
| Amadeus Internet Access | $0 |
| Late Charges | 18% per annum or highest permitted by law |
| Annual Convention Fee | Optional $97.50 per person up to 5 people; $195 thereafter |
| Annual Convention travel | Optional: Will vary depending upon location of meeting |
| Additional Assistance | Then current published rate which is currently $30 per hour |
| Renewal Fee | $500 |
| Accountant and Attorneys' Fees and Costs | Will vary under the circumstances |
| Indemnification | Will vary under the circumstances |
| Insurance | Will vary under the circumstances |
| Supplier/Supplies approval | $0 |
| Transfer Fee | 15% of the then current franchise fee |
| Virtual Office Fee | $120 yearly |
The above information has been taken from the UFOC/FDD of All About Honeymoons
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