Start-Up Costs and Fees |
||
| Palm Beach Tan | Sol'exotica Tanning Salon | |
| Investment | 624438 - 926790 | 70000 - 150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-6% | 6% |
| Advertising Fee | 5.50% | N/A |
| Year Founded | 1990 | 1994 |
| Year Franchised | 1998 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Palm Beach Tan | Sol'exotica Tanning Salon | |
| Experience | General business experience Marketing skills Multi-unit retail development | |
Financing Options |
||
| Palm Beach Tan | Sol'exotica Tanning Salon | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Palm Beach Tan | Sol'exotica Tanning Salon | |
| Training | Store level tools are made available On-The-Job Training: 320 hours Classroom Training: 40 hours Additional Training: As needed | |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketingLoyalty program/app | |
| Operations | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (15% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Palm Beach Tan | Sol'exotica Tanning Salon | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
| Franchise Fee | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
| Royalty Fee | |
| Palm Beach Tan | 4-6% |
| Sol'exotica Tanning Salon | 6% |
| Advertising Fee | |
| Palm Beach Tan | 5.50% |
| Sol'exotica Tanning Salon | N/A |
| Year Founded | |
| Palm Beach Tan | 1990 |
| Sol'exotica Tanning Salon | 1994 |
| Year Franchised | |
| Palm Beach Tan | 1998 |
| Sol'exotica Tanning Salon | 2007 |
| Term Of Agreement | |
| Palm Beach Tan | 10 years |
| Sol'exotica Tanning Salon | |
| Renewal Fee | |
| Palm Beach Tan | Varies |
| Sol'exotica Tanning Salon | |
Business Experience Requirements |
|
| Experience | |
| Palm Beach Tan | General business experience Marketing skills Multi-unit retail development |
| Sol'exotica Tanning Salon | |
Financing Options |
|
| Franchise Fees | |
| Palm Beach Tan | No |
| Sol'exotica Tanning Salon | No |
| Start-up Costs | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
| Equipment | |
| Palm Beach Tan} | |
| Sol'exotica Tanning Salon | |
| Inventory | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
| Receivables | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
| Payroll | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |
Training & Support |
|
| Training | |
| Palm Beach Tan | Store level tools are made available On-The-Job Training: 320 hours Classroom Training: 40 hours Additional Training: As needed |
| Sol'exotica Tanning Salon | |
| Support | |
| Palm Beach Tan | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software |
| Sol'exotica Tanning Salon | |
| Marketing | |
| Palm Beach Tan | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketingLoyalty program/app |
| Sol'exotica Tanning Salon | |
| Operations | |
| Palm Beach Tan | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (15% of current franchisees are owner/operators) |
| Sol'exotica Tanning Salon | |
Expansion Plans |
|
| US Expansion | |
| Palm Beach Tan | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Sol'exotica Tanning Salon | |
| Canada Expansion | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Palm Beach Tan | |
| Sol'exotica Tanning Salon | |