4/10

Franchimp Summary Rating

1 /10
Higher than 92% of peers

Franchise Summary

Description
GLO Tanning is a franchise that provides a variety of tanning services, including UV and spray tanning, while promoting a safe and welcoming environment for customers. The franchise focuses on quality products, membership plans, clean facilities, and ongoing support for franchisees, aiming to lead the tanning industry with a commitment to customer satisfaction and safety.
Corporate Structure
We are a limited liability company formed under Oklahoma law on September 15, 2020. Our principal business address is 12335 N Rockwell Ave., Oklahoma City, OK 73142, and our registered agent is Eric Cavett, 12231 S May Ave., Oklahoma City, OK 73170. We and/or our affiliates do business under our corporate name and under the GLO TANNING name. We sell franchises for the operation of GLO TANNING businesses. Our additional agents for service of process are listed on Exhibit C. We have been offering GLO TANNING franchises for sale since September 31, 2020. GLO TANNING businesses are tanning salons featuring tanning services, tanning equipment, skin care products and beauty products, together with related services, products, merchandise, and accessories ('Salons').

Earnings Transparency

7 /10
This Franchise discloses slightly more information 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. Beauty related services Industry

$727,701 / unit

Franchise Type: Standard

Average Revenue During 2021

$727,701
$314,371
Industry Low
$1,194,714
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

GLO Tanning Franchise System Development in 2024

FAQ

How much investment do I need to start my own GLO Tanning business?
Franchisees typically require at least $759,700 to $1,316,500 investment to get their GLO Tanning business started
What are the initial franchise fees for GLO Tanning?
Franchisees typically need to pay at least $97,500 in fees directly to GLO Tanning in order to earn the right to launch their business
How much money can I make with a GLO Tanning franchise? What are the average revenues for a typical GLO Tanning business?
We haven’t done the math on how much revenue a typical GLO Tanning brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $727,701 revenue, so we would expect GLO Tanning to generate a similar amount
How long do I need to commit to running a GLO Tanning unit? What is my contractual commitment?
GLO Tanning 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

1 /10
The Franchisor's investment costs ranges from $759,700 to $1,316,500 which is Much Higher than the $0 to $0 average in the Beauty related services 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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