Hollywood Tans
At a Glance
Products & Services: Tanning services & lotions
Number of Locations:
Total Investment: $278.6K - 471K
Founded: 1994
Began Franchising: 1998
Startup Costs, Ongoing Fees and Financing
Total Investment: $278,600 - $471,000
Franchise Fee: $34,500
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $34,500
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $75,000 - $100,000
Operations
Number of employees needed to run franchised unit: 6 - 8. Absentee ownership of franchise is allowed. (20% 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: 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,
Franchise Ranking History
Franchise 500®: #224 (2009),
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