Palm Beach Tan

Tanning

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About

Founded

1990

Franchising Since

2001 (18 Years)

Corporate Address

633 E. State Hwy. 121 S., #500
Coppell, TX 75019

CEO

Diane Lucas

Financial Requirements

Initial Investment ⓘ

$478,619 - $788,589

Net-worth Requirement ⓘ

$500,000

Liquid Cash Requirement ⓘ

$250,000

Ongoing Fees

Initial Franchise Fee ⓘ

$30,000 - $30,000

Ongoing Royalty Fee

4-6%

Ad Royalty Fee

5.5%

Financing Options

Palm Beach Tan has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options

Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

200 hours

Classroom Training:

45 hours

Additional Training:

As needed

Absentee Ownership Allowed

Number of Employees Required to Run:

3 - 5

Palm Beach Tan is ranked #86 in the Franchise 500!

Bio

Palm Beach Tan locations offer both sunbed and sunless tanning services, as well as sales of tanning and skin care products. Memberships are available, with a rewards program. The Coppell, Texas-based company first opened in 1990, and has been franchising since 1998.

Cost

Initial Investment: Low - $478,619 High - $788,589

Units

+4.0%+18 UNITS (1 Year) +9.4%+40 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

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Home Care Assistance

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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: July 26th, 2018

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