Travel Leaders Network

    Franchise research report · reviewed 2026 disclosure data

    Researching Travel Leaders Network franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Travel Leaders Network operates as a franchise system connecting independent travel agencies under a unified brand with enhanced technology, marketing support,

    Headline figures

    Quick facts

    How much does it cost to open a Travel Leaders Network franchise?
    The Travel Leaders Network Franchise Disclosure Document reports an estimated initial investment of $2,270 (2026 FDD, Item 7, PDF p. 16). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Travel Leaders Network charge?
    The disclosed ongoing royalty is $1,285 (2026 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is $340 See Note 2) — main/local location (2026 FDD, Item 6, PDF p. 11). Other recurring fees are listed in Item 6. Details
    Does Travel Leaders Network disclose financial performance (Item 19)?
    No. The reviewed Travel Leaders Network FDD states that it does not make a financial performance representation in Item 19. Details
    How many Travel Leaders Network locations are there?
    The FDD reports 188 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 33). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $2,270 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.
    3. 3Outlets declined by 2 in 2025, to 188 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 16

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    ENTERPRISE Continuing License Fee — main/local locationMain ongoing fee

    25 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2026 FDD for Travel Leaders Network has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 33

    Net +4 outlets, 2023–2025

    0184202319020241882025+6−2

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($2,270) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Travel Leaders Network reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Reported units decreased from 190 to 188 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 16
    2. [2]Outlet counts — Item 20, Table 1 · PDF p. 33

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: GetFDD listing

    Territory & operations

    10 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025accrued compensation$2,939
    2025accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$113
    2025cash and cash equivalents$676
    2025receivables, net of allowance for doubtful accounts$31,419
    2025total current assets$60,440
    2025property and equipment, net$1,833
    2025goodwill$3,863
    2025other non-current assets$531
    2025total assets$68,796
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing$18,756
    2025income tax payable$15
    2025deferred revenue$1,928
    2025customer deposits$270
    2025operating lease liabilities$728
    2025total current liabilities$24,749
    2025operating lease long-term liabilities$3,918
    2025total liabilities and member’s equity$68,796
    2025revenues$131,711
    2025costs of revenues$37,451
    2025selling, general and administrative$38,525
    2025operating income$55,735
    2025other expense-$748
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$56,483
    2025depreciation and amortization$375
    2025stock compensation-$360
    2025due to-$3,950
    2025receivables-$3,716
    2025prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$654
    2025deferred revenue, customer deposits, other liabilities$252
    2025net cashMore than one value recorded for this year — open the FDD source before comparing$49,549
    2025purchase of property and equipment-$120
    2025distribution to parent-$5,000
    2025increase-$18
    2025cash and cash equivalents, beginning of year$694
    2025cash and cash equivalents, end of year$676
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$56,483
    2025total liabilities$30,140
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing$211
    2025accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$247
    2025net cashMore than one value recorded for this year — open the FDD source before comparing-$49,234
    2025prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$831
    2025provision for doubtful accounts-$153
    2025member’s equity$38,656
    2025net cashMore than one value recorded for this year — open the FDD source before comparing-$120
    2025operating lease assets$2,129
    2025cash received-$44,234
    2024income tax payable$49
    2024accrued compensation$2,955
    2024accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$344
    2024cash and cash equivalents$694
    2024prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$1,013
    2024total current assets$29,256
    2024property and equipment, net$2,088
    2024goodwill$3,863
    2024other non-current assets$320
    2024total assets$38,128
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$18,512
    2024operating lease liabilities$679
    2024total current liabilities$45,894
    2024operating lease long-term liabilities$4,646
    2024total liabilities$50,595
    2024member’s equity-$12,467
    2024revenues$118,478
    2024costs of revenues$37,610
    2024other expense$321
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$43,048
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$43,048
    2024depreciation and amortization$392
    2024provision for doubtful accounts-$189
    2024stock compensation$171
    2024due to-$4,094
    2024receivables$864
    2024prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$229
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$1,453
    2024accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$82
    2024net cashMore than one value recorded for this year — open the FDD source before comparing$42,222
    2024purchase of property and equipment-$359
    2024net cashMore than one value recorded for this year — open the FDD source before comparing-$359
    2024cash received$23,119
    2024distribution to parent-$65,000
    2024net cashMore than one value recorded for this year — open the FDD source before comparing-$41,881
    2024increase-$18
    2024cash and cash equivalents, end of year$694
    2024deferred revenue$2,426
    2024receivables, net of allowance for doubtful accounts$27,549
    2024customer deposits$259
    2024deferred revenue, customer deposits, other liabilities$430
    2024operating income$43,369
    2024operating lease assets$2,601
    2024total liabilities and member’s equity$38,128
    2024selling, general and administrative$37,499
    2024cash and cash equivalents, beginning of year$712
    2023accrued compensation$3,014
    2023cash and cash equivalents$712
    2023total current assets$29,709
    2023goodwill$3,863
    2023income tax payable$55
    2023operating lease assets$3,070
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$17,054
    2023deferred revenue$1,493
    2023operating lease liabilities$607
    2023total current liabilities$24,444
    2023operating lease long-term liabilities$5,325
    2023total liabilities$29,769
    2023revenues$108,472
    2023costs of revenues$34,324
    2023selling, general and administrative$34,036
    2023operating income$40,112
    2023other expense$438
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing$38,837
    2023provision for doubtful accounts-$510
    2023due to-$3,493
    2023prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$130
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$6,653
    2023accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$1,081
    2023deferred revenue, customer deposits, other liabilities-$2,392
    2023net cashMore than one value recorded for this year — open the FDD source before comparing$36,947
    2023net cashMore than one value recorded for this year — open the FDD source before comparing-$184
    2023cash received$43,086
    2023distribution to parent-$80,000
    2023net cashMore than one value recorded for this year — open the FDD source before comparing-$36,914
    2023cash and cash equivalents, beginning of year$863
    2023cash and cash equivalents, end of year$712
    2023total liabilities and member’s equity$39,083
    2023receivables-$2,814
    2023purchase of property and equipment-$184
    2023prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$773
    2023total assets$39,083
    2023member’s equity$9,314
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing$38,837
    2023depreciation and amortization$682
    2023property and equipment, net$2,121
    2023receivables, net of allowance for doubtful accounts$28,224
    2023accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$368
    2023customer deposits$209
    2023increase-$151
    2023other non-current assets$320
    2023stock compensation$98

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.