We use a unique system developed by us which includes procedures and techniques for the operation of retail travel agencies is referred to as the Lai Lai System. If you are a franchisee, you will be granted the right to own and operate a Lai Lai Travel Agency at a location which we approve, offering the services of which we approve and utilizing the formats, methods, techniques and marks of Lai Lai Travel Agency. You must enter into an agreement for a computer reservation system. There are no regulations specific to the operation of a travel agency. However, you must comply with all local, state, and federal laws in the operation of your travel agency.
Some states have licensing, bonding or other requirements that apply to travel agents.
You will need to check in your state to determine if bonding is necessary. Inc. The market for travel agencies is developed in most areas. During the past 11 years, we have operated 3 agencies that are similar to the franchised agencies being sold. We have sold two franchises before the date of this offering circular. We have not offered franchises in other lines of business in the past.