Planet Beach Franchising Corp.
At a Glance
Products & Services: Spa & UV-treatment services
Number of Locations: 292
Total Investment: $135.56K - 289.44K
Founded: 1995
Began Franchising: 1996
Private Owned
About Planet Beach Franchising Corp.
In 1995, Steve Smith decided to open his first tanning salon in New Orleans. He began franchising in 1996, and over the next several years, Planet Beach expanded to hundreds of locations worldwide. In 2004, Smith decided to re-position the Planet Beach brand from tanning salon to contempo spa, a hybrid of the spa and UV industries. Services include massages, LED facials, hydration therapy, dry heat saunas, teeth whitening, weight management systems, spray tanning, UV therapy and more.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 267 | 17 | 8 | 0 |
| 2010 | 302 | 19 | 4 | 1 |
| 2009 | 361 | 19 | 9 | 0 |
| 2008 | 375 | 16 | 2 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $135,560 - $289,440
Franchise Fee: $20,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $20,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $80,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 5 days. At franchise opening; ongoing online training
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 market area ad program
Franchise Ranking History
America's Top Global: #100 (2008),
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