Tuesday
Apr272010
Palm Beach Tan Franchise
Tuesday, April 27, 2010 at 04:42PM 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
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Palm Beach Tan |
Phone Number: (972)406-2415 |
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? YesPlease 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.
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
Jason Rager | Comments Off | 



