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Entrepreneur: Start & Grow Your Business

Hollywood Tans

Tanning services & lotions

Background

Founded: 1994 Franchising since: 1998
11 Enterprise Ct.
Sewell, New jersey 08080
Phone:
(856)716-2150


Franchisor has 20 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 300 0 4 4
2007 303 0 3 19
2006 300 0 4 7
2005 280 0 3 5

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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 100,000+ population

Costs and Fees

Total investment: $278.6K-471K
Franchise fee: $34.5K
Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $300K+
Cash liquidity requirement: $100K+
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 6 - 8
  • Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2-3 days
  • Ongoing monthly 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

Rankings

Franchise 500® rank:
#224 (2009); #218 (2008); #106 (2007); #83 (2006); #96 (2005);

Ranked #1 in category in:
2007; 2006;

Fastest-Growing Franchises:
#58 (2006); #101 (2005);

America's Top Global Franchises:
#184 (2008); #89 (2007); #71 (2006); #75 (2005);