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Entrepreneur: Start & Grow Your Business

The Tan Company

Tanning salon

Background

Founded: 1994 Franchising since: 2001
11 Champion Dr.
Fenton, Missouri 63026
Phone:
(888)688-8222/ (636)305-8222


Franchisor is a privately-held company with 23 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 53 0 0 17
2008 55 0 0 18
2007 42 0 0 26
2006 39 0 0 26
2005 41 0 0 16

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

Exclusive territories available.

Costs and Fees

Total investment: $312.9K-666.5K
Franchise fee: $30K
Ongoing royalty fee: 6%
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 Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K-125K

Operations
  • 29% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 5
  • Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 1 week

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:
#389 (2009); #368 (2007);