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Entrepreneur: Start & Grow Your Business

Planet Beach Franchising Corp.

Spa & UV-treatment services

Background

Founded: 1995 Franchising since: 1996
A former health club owner, Stephen P. Smith opened the first Planet Beach tanning salon in New Orleans in 1995. His idea was to apply many of the principles of the health club industry, mainly that of selling memberships, to the tanning business.

Each location has a selection of tanning beds and sells Planet Beach's line of tanning lotions as well as bathing suits, goggles, and other related items.

5145 Taravella Rd.
Marrero, Louisiana 70072
Phone:
(888)290-8266/ (504)361-5550


Franchisor is a privately-held company with 65 employee(s); 11 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 361 19 9 0
2008 375 16 2 0
2007 339 19 2 0
2006 299 19 2 0
2005 262 18 2 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Negotiable

Costs and Fees

Total investment: $262.3K-627.7K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Third-party financing source(s): the SBA, equipment leasing companies, private investors

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K
Business Experience:
  • General business experience
  • Marketing skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#383 (2009); #199 (2008); #317 (2007); #91 (2005);

Ranked #1 in category in:
2005;

Fastest-Growing Franchises:
#95 (2009); #103 (2008); #52 (2005);

America's Top Global Franchises:
#100 (2008); #74 (2005);