Planet Beach Franchising Corp.

Spray tanning, spa services, hot yoga
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$104K - $249K
Units as of 2016
149 Decrease

Company Overview

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.

About Planet Beach Franchising Corp.

Industry Personal-Care Businesses
Related Categories Massage & Spa Services, Miscellaneous Personal-Care Businesses, Miscellaneous Retail Businesses
Founded 1995
Leadership Stephen Smith, CEO
Corporate Address 5145 Taravella Rd.
Marrero, LA 70072
Social Facebook, Twitter

Business Overview

Franchising Since 1996 (28 years)
# of employees at HQ 20
# of Units 149 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a Planet Beach Franchising Corp. franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$39,950
Initial Investment Information Circle
$104,300 - $248,900
Net Worth Requirement Information Circle
$300,000
Cash Requirement Information Circle
$65,000 - $75,000
Veteran Incentives Information Circle
$2,500 off franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
20 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Planet Beach Franchising Corp. offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable
Third Party Financing Planet Beach Franchising Corp. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 1 week
Classroom Training 5 days annually
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 4
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022