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Jason Rager is President of Franchise Analyzer.

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Tuesday
Apr272010

Palm Beach Tan Franchise

Indoor tanning salon

Start-up Costs & Franchises Fees

What is the total cost to open a Palm Beach Tan Franchises?

Total Cost: $456,000 USD -$770,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 4-6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: Varies

Contact Information for Palm Beach Tan

Palm Beach Tan
13800 Senlac Dr.
Farmers Branch, TX
75234

Phone Number: (972)406-2415
Toll Free: (866)728-2450
Fax Number: (972)406-2515

Franchise Homepage:

Palm Beach Tan In the Press

No results at this time.

Historical Expansion

In what year did Palm Beach Tan begin operations? 1990
When did Palm Beach Tan begin selling franchises? 1998

Year United States Canada International Corporate
2008 83 0 0 65
2005 40 0 0 42
2004 31 0 0 36
2003 11 0 0 30
2002 0 0 0 30
2001 0 0 0 30

Future Expansion

Countries of Interest:

Franchise Financing Information

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

Training & Support

Training
Store level tools are made available
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation
Marketing
Ad slicks

Franchise Operation Restrictions

Franchise business owners required to buy multiple units/master licenses; 100% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 10 - 15

Absentee ownership of franchise is allowed. (15% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Sales & marketing experience
  • Multi-unit retail development
  • 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
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.