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2023 FDD ON FILETravel Agencies
Travel Leaders Network,

Travel Leaders Network,

Franchising since 1984 · 2 locations

The total investment to open a Travel Leaders Network, franchise ranges from $2,000 - $18,000. The initial franchise fee is $50,000. Travel Leaders Network, currently operates 2 locations (2 franchised). PeerSense FPI health score: 57/100. Data sourced from the 2023 Franchise Disclosure Document.

Investment

$2,000 - $18,000

Franchise Fee

$50,000

Total Units

2

2 franchised

FPI Score
Low
57

Proprietary PeerSense metric

Moderate
Capital Partners
2lenders available

Active capital sources verified for Travel Leaders Network, financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
57out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loans

2

Total Volume

$1.0M

Active Lenders

2

States

2

What is the Travel Leaders Network, franchise?

Travel Leaders Network franchise represents one of the most historically significant and structurally distinctive opportunities in the travel services industry — not because it follows the conventional franchise playbook, but because it inverts it entirely. The investor question here is not whether the travel industry is viable; global leisure travel spending surpassed $1.9 trillion in 2023 and is projected to exceed $2.3 trillion by 2027. The real question is whether this particular franchise system, with its roots stretching back to 1888 and its current footprint spanning thousands of agency locations, gives an investor a structurally defensible position in that growth. Travel Leaders Network traces its lineage to "Ask Mr. Foster," established in St. Augustine, Florida in 1888 as North America's very first travel agency chain — a founding story that predates the automobile, the airplane, and commercial radio. That same entity evolved through Carlson Wagonlit Travel before the formal franchise system launched in 1984 as the Carlson franchise system under the "Ask Mr. Foster" Travel brand. The transformational moment came in 2008 when Carlson Wagonlit Travel Associates, Travel Leaders, and Tzell Travel Group merged to form Travel Leaders Group, creating one of the most significant consolidation events in travel agency history. In August 2016, Travel Leaders Network was officially constituted through the combination of Vacation.com, Results! Travel, and the Travel Leaders Franchise Group, forming a mega-travel agency network that today represents approximately 5,700 travel agency locations across the United States and Canada. The parent organization, Internova Travel Group — which rebranded from Travel Leaders Group in 2020 — encompasses more than 6,000 locations and over 65,000 travel advisors operating across the U.S., Canada, the United Kingdom, Mexico, France, and more than 80 countries globally. For franchise investors evaluating the Travel Leaders Network franchise opportunity, the scale and heritage of this parent infrastructure is a material factor, not a marketing footnote.

The travel agency industry sits within a broader travel services market that generated approximately $1.2 trillion in U.S. travel spending in 2023, with leisure travel continuing its post-pandemic expansion at rates that have consistently outpaced pre-2020 projections. The travel agency segment specifically — once declared obsolete by the rise of online booking platforms — has staged a remarkable structural comeback driven by three converging consumer forces: complexity, experience-seeking, and trust. As international itineraries grow more intricate, multi-destination cruise and luxury packages more nuanced, and travelers more burned by algorithmic booking errors, the human travel advisor has re-emerged as a premium service with measurable demand. According to industry data, consumers who use professional travel advisors spend on average 25% more per trip than self-booked travelers, creating a clear revenue ceiling advantage for advisor-based agencies. The Travel Leaders Network franchise benefits from the secular trend toward experiential luxury travel, with survey data from the network's top 20 leisure agency owners showing a collective annual preferred partner travel sales figure exceeding $2.5 billion — a figure that signals the scale of commercial activity flowing through this system. The industry remains fragmented at the small-agency level, with hundreds of thousands of independent travel advisors operating without institutional backing, which is precisely the structural gap that a franchise network with preferred supplier relationships, technology infrastructure, and brand recognition is positioned to fill. Remote work normalization has also expanded the viable labor pool for travel advisory services, enabling franchisees to staff their agencies with advisors working from geographically dispersed locations without sacrificing service quality. These macro forces — affluent consumer demand for curated travel, complexity-driven advisor reliance, and flexible labor markets — collectively create a favorable operating environment for the Travel Leaders Network franchise investment thesis.

The Travel Leaders Network franchise cost structure is notably accessible relative to most franchise categories, which traditionally carry initial investments well into six and seven figures. The initial franchise fee is $2,500 per full-service location according to Franchise Disclosure Document data, with a veterans discount of 10% applied to that fee — a meaningful incentive given that veterans represent a disproportionately entrepreneurial demographic within the franchise buyer population. Total initial investment for a standard Travel Leaders franchise ranges from approximately $2,270 to $17,910, an investment band that places this franchise among the lowest-capital-entry opportunities in the franchise universe. That range encompasses business supplies ($200 to $2,000), exterior signage purchase and installation ($200 to $6,000), ARC name change fees ($100 per ARC number), insurance ($1,000 to $2,100), travel and living expenses for training and meetings ($400 to $700), internet and email access ($0 to $2,000), ClientBase CRM licensing ($50 to $1,000 annually), and ASTA membership ($320 to $1,320). The ongoing monthly royalty fee ranges from $121 to $1,252 per month depending on agency volume and format, while the advertising or national brand fund fee runs from $60 to $331 per month. This fee-to-revenue ratio represents a structurally lighter burden than many retail or food-service franchises, where royalties commonly run 5% to 8% of gross revenue on top of marketing fund contributions of 1% to 3%. The franchise term runs 10 years, providing meaningful runway for an owner-operator to build client relationships, supplier program depth, and local market presence. For investors with zero liquid capital requirements — the current threshold indicated in the most recent FDD data — this represents one of the few franchise systems where the barrier to entry is primarily operational and relational rather than financial. The headquarters for the Travel Leaders franchise operation is located at 3033 Campus Drive, Suite W320, Plymouth, Minnesota, with the parent Internova Travel Group headquartered in New York City. The combination of a sub-$20,000 entry investment with the backing of a global travel network operating across 80-plus countries creates an unusual value proposition in the franchise landscape.

The Travel Leaders Network franchise operating model is built around the travel advisor as revenue generator, which means the daily operations of a franchisee center on client relationship management, supplier partnership activation, and itinerary construction rather than physical plant management or inventory logistics. This is fundamentally a service-and-knowledge business, which means staffing requirements are calibrated to advisor skill and client load rather than to foot traffic or manufacturing throughput. The franchise system provides franchisees access to the Agent Profiler lead generation platform, which collectively produced $750 million in sales in its most recently reported year — a system-level lead generation tool that individual independent agencies could not replicate without the network's scale. Training is provided through the franchise system, with franchisees oriented toward Travel Leaders Network's preferred supplier relationships, technology platforms, and service protocols. Ongoing corporate support extends to field consultants, marketing programs, technology platform access including the ClientBase CRM system, and national brand fund marketing activities that support both local agency visibility and system-wide consumer awareness. The franchise model accommodates a range of operational formats, from storefront locations with exterior signage to home-based or virtual configurations, giving franchisees flexibility in their real estate and overhead commitments — a structural advantage that most brick-and-mortar franchise categories cannot offer. Territory structure and exclusivity arrangements are defined within the franchise agreement, with the Midwest historically representing the largest geographic concentration of Travel Leaders units, accounting for 89 of 191 franchised locations in the 2016 FDD data. Leadership of the broader network is provided by President Lindsay Pearlman and President of Travel Leaders Network and Leisure Group John Lovell, with Internova Travel Group led by CEO J.D. O'Hara and founder and Chairman Michael Batt — an executive team with deep institutional knowledge of the travel industry's commercial infrastructure.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Travel Leaders Network, which means prospective investors cannot rely on franchisor-provided average revenue or median profit figures in their underwriting process. This is a material consideration and one that investors must account for by sourcing independent data through alternative channels. That said, several publicly available data points provide useful triangulation. One franchisee reported annual sales in the range of $150,000 to $499,000 with one to five years of experience — a wide band that reflects the significant role of prior industry relationships and market geography in driving unit-level performance. At the network level, Travel Leaders Network added 315 U.S. sales affiliates in 2024 with combined sales of $637 million, and 41 Canadian affiliates with combined agency sales of $128.4 million — figures suggesting an average of roughly $2 million per U.S. affiliate agency and approximately $3.1 million per Canadian affiliate in total annual sales. Four new associate franchise agencies added in 2024 carried an estimated total revenue of $218 million, implying an average of approximately $54.5 million per new associate agency — though this figure likely reflects larger host-style agencies rather than single-location owner-operators. The top 20 leisure agency owners within Travel Leaders Network collectively represent more than $2.5 billion in annual preferred partner travel sales, placing their average annual preferred sales at approximately $125 million per agency — though these represent the system's highest performers, not median operators. For investors building a proforma model, the aggregate data suggests that a well-established Travel Leaders franchise with a mature client base and strong supplier relationships can generate meaningful seven-figure annual sales volumes, with profitability highly dependent on advisor headcount, client retention rates, and the mix of high-margin luxury and cruise bookings versus lower-margin transactional travel. The absence of Item 19 disclosure reinforces the importance of direct conversations with existing franchisees during the discovery process.

Travel Leaders Network has demonstrated a consistent and accelerating growth trajectory over the past three years that stands as one of the most compelling quantitative signals available to franchise investors evaluating this opportunity. Over the three years leading up to February 2025, Travel Leaders Network added approximately 850 new members, accounting for approximately $1.5 billion in incremental sales — an average of $1.76 million in sales per new member added. In 2025 alone, Travel Leaders Network added over 300 new member agencies, comprising 264 affiliates in the United States, four associate franchise agencies, and 36 agencies in Canada, with those new members collectively representing more than $300 million in annual sales to preferred supplier partners. The consistent pace of adding approximately 1,000 new agencies over three years — ranging from small owner-operated agencies to larger host agency structures — signals that the network's value proposition resonates across business sizes and operator profiles. The 2020 rebrand of Travel Leaders Group to Internova Travel Group was not merely cosmetic; it reflected a strategic repositioning toward a multi-brand global travel services platform, providing the Travel Leaders Network franchise with the institutional backing of a parent company operating in more than 80 countries. The competitive moat for Travel Leaders Network is built on three reinforcing pillars: preferred supplier relationships that provide franchisees access to commission structures and amenity programs unavailable to independent agents, technology infrastructure including the Agent Profiler system and ClientBase CRM that would require millions of dollars to replicate independently, and the brand recognition that comes from a network with 137 years of continuous operating history. The combination of these structural advantages with the network's demonstrated ability to attract and retain new agency members creates a competitive position that individual operators or regional agency groups would struggle to match.

The ideal Travel Leaders Network franchise candidate is an individual with either existing travel industry experience or a strong background in consultative sales, client relationship management, or hospitality services. The franchise model does not require deep technical expertise in operations management or physical plant oversight, making it accessible to candidates transitioning from careers in financial services, healthcare consulting, corporate account management, or similar high-touch service industries. Multi-unit ownership is supported within the franchise system structure, and the low initial investment threshold makes sequential or parallel unit development financially feasible at a scale not possible in higher-capital franchise categories. The Midwest region historically represents the largest concentration of Travel Leaders franchise units with 89 locations across that geography, though the franchise has demonstrated geographic viability across at least 38 U.S. states per FDD data. Home-based and virtual agency configurations expand the addressable territory considerably, as franchisees are not constrained by the real estate density requirements that limit brick-and-mortar concepts. The franchise agreement carries a 10-year term, providing meaningful time for franchisees to compound client relationships and preferred supplier tenure — both of which directly influence revenue per booking and client lifetime value. Transfer and resale considerations are material in a business where the primary asset is an established client book, and prospective buyers should evaluate the transferability provisions within the franchise agreement as part of their due diligence process. The timeline from signing to active operations is considerably shorter than capital-intensive franchise categories, given the absence of construction, equipment procurement, or inventory logistics requirements.

For investors conducting serious due diligence on the Travel Leaders Network franchise opportunity, the investment thesis rests on several converging factors that merit rigorous independent analysis. The travel services industry is in a structural expansion phase, with global leisure travel spending projected to reach $2.3 trillion by 2027 and consumer reliance on professional travel advisors increasing in direct proportion to itinerary complexity and experience-seeking behavior. The Travel Leaders Network franchise offers entry into that growth market at an initial investment of $2,270 to $17,910 — one of the lowest total-cost-of-entry franchise investments available in any service category — backed by a global parent organization operating across 80-plus countries with over 65,000 travel advisors. The FPI score of 57 on the PeerSense platform reflects a moderate franchise performance index, indicating a franchise system with meaningful strengths and areas that warrant careful investigation, particularly given the absence of Item 19 financial performance disclosure. Growth metrics — 850 new members and $1.5 billion in new sales over three years, 300-plus new agencies added in 2025, and a network representing approximately 5,700 locations across the United States and Canada — provide aggregate signals of system health, but unit-level economics must be validated through franchisee interviews and independent financial modeling. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Travel Leaders Network franchise against competing opportunities within the travel agency category and across adjacent service franchise investments. The combination of a 137-year operating heritage, a sub-$20,000 entry investment, preferred supplier infrastructure, and a global parent with institutional resources creates an opportunity profile that belongs in the consideration set of any serious franchise investor evaluating the travel services sector. Explore the complete Travel Leaders Network franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

57/100

SBA Default Rate

0.0%

Active Lenders

2

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Travel Leaders Network, based on SBA lending data

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loan Volume

2 loans

Across 2 lenders

Lender Diversity

2 lenders

Avg 1.0 loans per lender

Investment Tier

Low-cost entry

$2,000 – $18,000 total

Payment Estimator

Loan Amount$2K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$21

Principal & Interest only

Locations

Travel Leaders Network,unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Travel Leaders Network,