South Beach Tanning Co.

Tanning
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$164K - $596K
Unit data is unavailable
N/A

Company Overview

About South Beach Tanning Co.

Industry Personal-Care Businesses
Related Categories Miscellaneous Personal-Care Businesses, Tanning
Founded 2003
Leadership Brian Hibbard, CEO
Corporate Address 4300 W. Lake Mary Blvd., #1050
Lake Mary, FL 32746

Business Overview

Franchising Since 2008 (16 years)
# of employees at HQ 6
Where seeking

This company is offering new franchises throughout the US.

Information for Franchisees

Here's what you need to know if you're interested in opening a South Beach Tanning Co. 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
$25,000
Initial Investment Information Circle
$163,840 - $596,000
Net Worth Requirement Information Circle
$250,000
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
4-6%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 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 South Beach Tanning Co. offers in-house financing to cover the following: startup costs
Third Party Financing South Beach Tanning Co. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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 3 weeks
Ongoing Support
Purchasing Co-ops
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
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 2-5
Are exclusive territories available? Information Circle
Yes
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Disclaimer
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