iTan Franchising Inc.
Not Ranked

Initial Investment

LOW: $326,000
HIGH: $650,000

Change in Units

0.0% 0 UNITS (1 Year)
+3.3% +1 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2001

Franchising Since

2009 (7 Years)

Corporate Address

640 E. Vista Way., #D Vista, CA 92084

CEO

Faraje Kharsa

About iTan Franchising Inc.

Faraje Kharsa opened up the first iTAN in Encinitas, California, in 2001. Franchising began in 2009, and the company now has locations throughout Southern California. In addition to tanning and spray tanning, the salons also offer spa services including body wraps, facials, skin care, teeth-whitening and aqua jet therapy.

Financials

Financial Requirements

Initial Investment

$326,000 - $650,000

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$15,000 - $30,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

6%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

  • 2013 - 451
  • 2015 - 392

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 week+

Training at headquarters: 1 week+

Additional Training: At grand opening

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 4 - 7

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

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