Bottom line
- Total investment $2K – $18K including a $3K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 8 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one TRAVEL LEADERS unit return on the cash you put in?
Unlevered ROIC · per unit
1041%
Above typical band (30–60%)
Overview
About
Travel Leaders franchisees operate as independent travel agencies, handling leisure and corporate travel bookings, itinerary planning, and customer service. They leverage the brand's supplier relationships, booking platforms, and training to compete against online travel agencies and corporate travel consolidators. Most franchisees work from home offices or small retail locations, managing clients via phone, email, and video consultations.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 26 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Travel Leaders presents meaningful franchise risk due to system contraction, opaque financial performance, rigid fixed costs, territorial vulnerability, and undisclosed going concern status—suitable only for investors who can validate unit economics directly with existing franchisees.
Score breakdown · what drove the 64 / 100 rating
- 01MINORDeclining unit count (-0.5% YoY) signals shrinking franchise system despite travel industry recovery
- 02MINORNo average revenue or net income disclosure (Item 19) prevents ROI assessment and profitability verification
- 03MINORHigh fixed monthly royalty ($1,285) against unclear revenue base creates cash flow risk for underperforming locations
- 04MINORUnprotected territory enables direct competition from other Travel Leaders franchisees within same market
- 05MINORLow initial investment ($2,270-$17,910) suggests minimal support infrastructure and potential quality concerns
- 06MINOR3-year term is unusually short, indicating low franchisor confidence or high franchisee churn expectations
- 07HIGHGoing Concern status absent from disclosure raises questions about franchisor financial stability and long-term viability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
TRAVEL LEADERS · FDD (2026) PDF