Planet Beach Franchising Corp.

At a Glance

Products & Services: Automated spa, sunless and UV-treatment services

Number of Locations: 215

Total Investment: $164.5K - $324.97K

Founded: 1995

Began Franchising: 1996

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
2014 189 21 5 0
2013 202 21 5 0
2012 226 22 4 0
2011 267 17 8 0
2010 302 19 4 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Eastern Europe, Middle East, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $164,450 - $324,979
Franchise Fee: $39,950
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: $2,500 off franchise fee
Financial Requirements
Net Worth: $225,000
Liquid Cash Available: $100,000
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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

Franchise 500®: #383 (2010),

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