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Palm Beach Tan

2012 Franchise 500
#204
At a Glance

Products & Services: Tanning salon

Number of Locations: 232

Total Investment: $556.7K - 819.2K

Founded: 1990

Began Franchising: 1998

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 103 0 0 129
2010 104 0 0 99
2009 114 0 0 77
2008 86 0 0 71
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $556,695 - $819,200
Franchise Fee: $30,000
Ongoing Royalty Fee: 4-6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $250,000
Operations
63% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. At grand opening : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Local store marketing

Franchise Ranking History

Franchise 500®: #204 (2012), #230 (2011), #175 (2010), #156 (2009), #152 (2008),
Fastest-Growing: #70 (2008),
America's Top Global: #116 (2008),

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