How much does an Expedia Cruises franchise cost?
Opening an Expedia Cruises franchise takes a total initial investment of $149,500 to $258,745, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median net revenue of $175,500 across 59 outlets.
Expedia Cruises franchises Travel Businesses. Category: Recreation.
Item 7
What it costs to open an Expedia Cruises franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $149,500 to $258,745. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold Improvements ($30,000 to $80,000), Additional Funds - Working Capital for the first 12-24 Months ($35,700 to $59,500), and Office Furniture and Furnishings ($15,000 to $22,000). Together they make up about 62% of the high-end estimate.
The initial franchise fee is $49,000, about 33% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 10 | $49,000 | $49,000 | 2025 FDD, Item 7, p. 10 |
| In-person Training - Your Transportation and Accommodation2025 FDD, Item 7, p. 10 | $1,500 | $6,000 | 2025 FDD, Item 7, p. 10 |
| In-person Training – Additional Trainee2025 FDD, Item 7, p. 10 | $0 | $495 | 2025 FDD, Item 7, p. 10 |
| In-person Training – Additional Trainee Transportation and Accommodation2025 FDD, Item 7, p. 10 | $0 | $1,750 | 2025 FDD, Item 7, p. 10 |
| Premises Lease Security Deposit2025 FDD, Item 7, p. 10 | $2,250 | $7,500 | 2025 FDD, Item 7, p. 10 |
| Utilities and Telephone Deposit2025 FDD, Item 7, p. 10 | $250 | $1,000 | 2025 FDD, Item 7, p. 10 |
| Leasehold Improvements2025 FDD, Item 7, p. 10 | $30,000 | $80,000 | 2025 FDD, Item 7, p. 10 |
| Signage and Merchandising2025 FDD, Item 7, p. 10 | $9,000 | $14,000 | 2025 FDD, Item 7, p. 10 |
| Computers and Software2025 FDD, Item 7, p. 10 | $3,000 | $6,000 | 2025 FDD, Item 7, p. 10 |
| Office Equipment and Supplies2025 FDD, Item 7, p. 10 | $2,000 | $4,500 | 2025 FDD, Item 7, p. 10 |
| Office Furniture and Furnishings2025 FDD, Item 7, p. 10 | $15,000 | $22,000 | 2025 FDD, Item 7, p. 10 |
| Insurance2025 FDD, Item 7, p. 10 | $800 | $2,000 | 2025 FDD, Item 7, p. 10 |
| Professional Fees2025 FDD, Item 7, p. 10 | $500 | $3,500 | 2025 FDD, Item 7, p. 10 |
| Business Licenses and Permits2025 FDD, Item 7, p. 10 | $500 | $1,500 | 2025 FDD, Item 7, p. 10 |
| Additional Funds - Working Capital for the first 12-24 Months2025 FDD, Item 7, p. 11 | $35,700 | $59,500 | 2025 FDD, Item 7, p. 11 |
| Total estimated initial investment2025 FDD, Item 7, p. 10-11 | $149,500 | $258,745 | 2025 FDD, Item 7, p. 10-11 |
Source Expedia Cruises, 2025 FDD, Item 7, p. 10-11, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 19
What Expedia Cruises franchisees actually report earning
Median Net Revenue
$175,500
Expedia Cruises' 2025 FDD, Item 19, for the 2024. Basis: Mature Stores.
Sample size: 59 outlets. The FDD reports no average alongside this median.
What the franchisor excluded from this figure
- Franchises operated as a Competing Travel Business prior to becoming an Expedia Cruises franchise were excluded.
- Franchises not operated from a commercial storefront were excluded.
- New franchises opened by existing franchisees are not included in the projections for the first, second and third years of operation.
This is a disclosure of what some existing outlets reported, not a projection of what a new Expedia Cruises outlet would earn. Your results will differ.
Source Expedia Cruises, 2025 FDD, Item 19, p. 37, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 20
How many Expedia Cruises outlets there are, and how many closed
Expedia Cruises ended 2024 with 85 franchised outlets and no company-owned outlets. In that year 7 franchised outlets opened and 3 left the system.
Three years at a glance
From 2022 through 2024, Expedia Cruises opened 17 franchised outlets and 23 outlets left the system. That is a net loss of 6, from 91 to 85 franchised outlets. Of the outlets that left, 1 was terminated and 22 closed for other reasons.
On average, about 9.2% of franchised outlets left the system each year, roughly 1 in 11.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 81 | 7 | 1 | 0 | 0 | 2 | 85 | 2025 FDD, Item 20, p. 44 |
| 2023 | 77 | 8 | 0 | 0 | 0 | 4 | 81 | 2025 FDD, Item 20, p. 44 |
| 2022 | 91 | 2 | 0 | 0 | 0 | 16 | 77 | 2025 FDD, Item 20, p. 44 |
Source Expedia Cruises, 2025 FDD, Item 20, p. 44, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Compare
How Expedia Cruises compares with other Recreation franchises
Measured against the 21 Recreation franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Expedia Cruises' estimated range is $204,123. It costs less to open than 75% of Recreation franchises here.
- Outlets leaving each year. 9.2% for Expedia Cruises. That is higher than 80% of the 11 Recreation franchises with at least 10 outlets.
- Three-year growth. Expedia Cruises' franchised system shrank 6.6%. The typical Recreation franchise here grew 14%.
- Earnings disclosure. 13 of the 21 Recreation franchises here publish earnings figures in Item 19. Expedia Cruises is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Recreation franchise side by side.
Alert me when Expedia Cruises files a new FDD
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