Start-Up Costs and Fees |
||
| Palm Beach Tan | Tanco | |
| Investment | 624438 - 926790 | 386000 - 844000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4-6% | |
| Advertising Fee | 5.50% | |
| Year Founded | 1990 | 1994 |
| Year Franchised | 1998 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Palm Beach Tan | Tanco | |
| Experience | General business experience Marketing skills Multi-unit retail development | |
Financing Options |
||
| Palm Beach Tan | Tanco | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Palm Beach Tan | Tanco | |
| 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 | Tanco | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Palm Beach Tan | |
| Tanco | |
| Franchise Fee | |
| Palm Beach Tan | |
| Tanco | |
| Royalty Fee | |
| Palm Beach Tan | 4-6% |
| Tanco | |
| Advertising Fee | |
| Palm Beach Tan | 5.50% |
| Tanco | |
| Year Founded | |
| Palm Beach Tan | 1990 |
| Tanco | 1994 |
| Year Franchised | |
| Palm Beach Tan | 1998 |
| Tanco | 2001 |
| Term Of Agreement | |
| Palm Beach Tan | 10 years |
| Tanco | |
| Renewal Fee | |
| Palm Beach Tan | Varies |
| Tanco | |
Business Experience Requirements |
|
| Experience | |
| Palm Beach Tan | General business experience Marketing skills Multi-unit retail development |
| Tanco | |
Financing Options |
|
| Franchise Fees | |
| Palm Beach Tan | No |
| Tanco | No |
| Start-up Costs | |
| Palm Beach Tan | |
| Tanco | |
| Equipment | |
| Palm Beach Tan} | |
| Tanco | |
| Inventory | |
| Palm Beach Tan | |
| Tanco | |
| Receivables | |
| Palm Beach Tan | |
| Tanco | |
| Payroll | |
| Palm Beach Tan | |
| Tanco | |
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 |
| Tanco | |
| Support | |
| Palm Beach Tan | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software |
| Tanco | |
| Marketing | |
| Palm Beach Tan | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketingLoyalty program/app |
| Tanco | |
| 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) |
| Tanco | |
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 |
| Tanco | |
| Canada Expansion | |
| Palm Beach Tan | |
| Tanco | |
| International Expansion | |
| Palm Beach Tan | |
| Tanco | |