The budget to start and run a travel agency will depend on the exact concept and location.
If you're starting an online travel agency, your costs are likely to be much lower than if you are going to use a physical location. This is because you will save on rent and overheads amongst other expenses.
If your travel agency is located in the city centre or on any busy high street, you're likely to incur much higher expenses than if you are on the outskirts of a town or city.
A stylish website, that's well designed (professionally), will likely increase your startup costs, in comparison to a simple, yet workable website.
As an example, in our travel agency business plan template the total initial funding requirement amounted to €55,000, with the founders contributing €50,000.
In order to assess the exact budget for your travel agency idea, you need to do a financial forecast using a financial projection tool such as the one we offer.