The Palms Tanning Resort

The Palms Tanning Resort

Tanning
Find out what franchise is right for you
Units as of 2020
4 Yearly data not available
0.0%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$490K - $517K

Company Overview

About The Palms Tanning Resort

Founded
2003
Leadership
Keith Rodenberger, Owner

Franchising Overview

Franchising Since
2003 (18 years)
# of employees at HQ
2
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
4 (as of 2020)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
8577 E. Arapahoe Rd., #A
Greenwood Village, CO 80112

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Palms Tanning Resort 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
$35,000
Initial Investment
$489,750 - $517,000
Net Worth Requirement
$500,000
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

Financing Options

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

Third Party Financing
The Palms Tanning Resort 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
40 hours
Ongoing Support
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where The Palms Tanning Resort landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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