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Wednesday
May262010

Tan Co., The Franchise

Tanning salon

Start-up Costs & Franchises Fees

What is the total cost to open a Tan Co., The Franchises?

Total Cost: $386,700-$844,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $500

Contact Information for Tan Co., The

Tan Co., The
11 Champion Dr.
Fenton, MO
63026

Phone Number: (888)688-8222
Toll Free: (888)688-8222
Fax Number: (636)305-9444

Franchise Homepage:

Historical Expansion

In what year did Tan Co., The begin operations? 1994
When did Tan Co., The begin selling franchises? 2001

Year United States Canada International Corporate
2006 39 0 0 26
2005 41 0 0 16
2004 34 0 0 13
2003 20 0 0 15

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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