FRANCHISE
FR#118
This franchise is the largest
and fastest growing Tanning Salon franchise.
With over 180 salon locations through the U.S. and Canada, it is the
universal, premiere, upscale tanning salon franchise.
The tanning salons provide superior customer service with an alternative,
exciting atmosphere.
With the franchise’s proven
business plan franchisees are able to be in business for themselves, but not by
themselves. The franchise offers
franchisees a vast array of support systems and services including individual
market analysis, site-selection, salon layout & design, salon management,
management software, as well as exclusive on-site and on-line educational
training programs.
Training Industry FACTS
-
Franchise ranks #1 in
Tanning Industry
-
Looking Fit Fact Book
estimates approximate 28.6 million tanning customers in 2002
-
Tanning is a
consolidating industry
-
Cash business with little
inventory
-
Member of ITA, IFA, CFA
Competitive Advantages
-
Lower start-up
requirements
-
Franchisee school &
on-line training
-
Owner absentee option
-
Multi-faceted corporate
infrastructure
-
State-of-the-Art
Equipment
-
Private label retail
& skincare products
-
Personal POS (point of
sale) software
-
Multi-unit &
development opportunities
The Ideal Candidate
-
“We
look for hard-working, motivated, energetic team players with a strong work
ethic who realize the importance of customer relations and service.”
-
Tanning industry
experience is not required
-
Have access to $40K
liquid capital
ESTIMATED STARTUP COSTS
|
|
5-unit |
3-unit |
Single |
|
Franchise Fee |
$
11,980 |
$
13,300 |
$25,000 |
|
PB Tanning Equip. |
$
65,300 |
$
65,300 |
$65,300 |
|
Project Management |
$
4,850 |
$
4,850 |
$
4,850 |
|
Utility & Location
Deposits |
$
5,500 |
$
5,500 |
$
5,500 |
|
Computer/Software |
$
3,800 |
$
3,800 |
$
3,800 |
|
Leasehold Improvements |
$
45,000 |
$
45,000 |
$
45,000 |
|
Retail fixtures |
$
200 |
$
200 |
$
200 |
|
Indoor & outdoor signage |
$
5,200 |
$
5,200 |
$
5,200 |
|
Grand Opening Advertising |
$
3,000 |
$
3,000 |
$
3,000 |
|
Printing |
$
600 |
$
600 |
$
600 |
|
Phone & Fax |
$
300 |
$
300 |
$
300 |
|
Furniture |
$
3,550 |
$
3,550 |
$
3,550 |
|
Office Supplies |
$
350 |
$
350 |
$
350 |
|
Wholesale Goods |
$
4,700 |
$
4,700 |
$
4,700 |
|
Washer & Dryer |
$
800 |
$
800 |
$
800 |
|
Insurance Down Payment |
$
400 |
$
400 |
$
400 |
|
Corporation Set-up Fees |
$
300 |
$
300 |
$
300 |
|
Miscellaneous |
$
500 |
$
500 |
$
500 |
|
Working Capital |
$10,000 |
$
10,000 |
$
10,000 |
|
TOTALS |
$
166,330 |
$
167,650 |
$
179,350 |
ASSUMPTIONS
-
Estimate based on 9-unit
arrangement. Optional set up
charges not included.
-
Includes Type II
architectural drawings (1,400 SF space)
-
Leasehold improvements
based on a 1,400 SF space built out of a standard “Vanilla Box”.
-
Minimum required.
START-UP CAPITAL
- The minimum start-up capital
required to become a franchisee is generally, $40K.
Franchise offers assistance for franchisees and potential franchisees to
find financial backing from numerous sources.