Franchise Summary
Description
The franchise is for Palm Beach Tan Locations offering tanning products, services, and accessories and certain spa-related products and services.
Company Background
Palm Beach Tan is a tanning and spa company in the United States. The franchise operates over 600 locations with over 3,500 employees across 27 states and Canada.
Franchise Opportunity
Tanning is a fun activity, but it can be hard to find the time and money for frequent visits. Palm Beach Tan has made tanning easy by offering affordable packages that allow you to get in touch with your bronze side any day of the week! Our convenient locations are open 7 days a week for your convenience. You can even book appointments online now! We also offer a variety of different membership options so you can choose what works best for you. Whether you want unlimited tanning or just one visit per month, we have an option that will work great for your schedule and budget. And remember, when you become a member at Palm Beach Tan we'll give you $10 off every visit as well as our amazing lotions and potions absolutely free!
Corporate Structure
Palm Beach Tan Franchising Inc. was incorporated in Delaware on June 21, 2001. They maintain their principal place of business at 633 E. State Hwy, 121 South, Suite 500, Coppell, Texas 75019. They have offered franchises for Palm Beach Tan Locations since July 26, 2001.
Earnings Transparency
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Fitness Centers & Gyms Industry$495,036 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Distribution of Palm Beach Tan Franchisees
Palm Beach Tan Franchise System Development in 2022
FAQ
How much investment do I need to start my own Palm Beach Tan business?
Franchisees typically require at least $624 to $1 investment to get their Palm Beach Tan business started
What are the initial franchise fees for Palm Beach Tan?
Franchisees typically need to pay at least $36 in fees directly to Palm Beach Tan in order to earn the right to launch their business
How much money can I make with a Palm Beach Tan franchise? What are
the average revenues for a typical Palm Beach Tan business?
We estimate that the average revenue of an individual
Palm Beach Tan unit is approximately
$495,036. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Palm Beach Tan unit? What
is my contractual commitment?
Palm Beach Tan franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$624,429 to $1,008,763
which is
Much Higher
than the $0 to $0 average in the Fitness Centers & Gyms industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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