Jetset Travelworld Group

JETSET TRAVELWORLD Jetset Travelworld is Australia’s largest franchise network, once unbranded affiliates are counted. General manager of network sales, Julie Primmer, explains the deal for those who want to get on board. How long has Jetset Travelworld been franchising? The Jetset Travelworld Group (JTG) comprises two brands under its umbrella – Jetset, which has been around 40 years, and Travelworld – which is four years young. Membership includes 328 branded agencies, and an additional 338 affiliate agencies. Is it a successful business? Half-year Group revenue to December 31, 2005 was just over $56 million. The Group reported a net profit after tax of $3.1 million for the half-year ended 31 December 2005. (This represents an increase of $1.1 million on the previous corresponding period.) What are the initial costs for Franchisees? Upfront JTG costs are: administration fee of $550 including GST; application Fee of $7,000 including GST (negotiable). Plus any standard set-up fees ...