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Indoor tanning salons along with related products and services.
Franchisor Background
Year Established: 1991
Franchising Since: 1995
IFA Member
Operating Units:
Franchised Units: 145 98.6%
Company-Owned Units: 2 1.4%
______ _____
Total Operating Units: 147 100%
Geographic Distribution:
U.S.: 147 100% In 11 States
Canada: 0 0% In 0 Canadian Provinces
International: 0 0% In 0 Foreign Countries
______ _____
Total: 147 100%
North America:
States/Provinces with the largest number of operating units:
Density Units
1. Colorado 18
Registered in Following Registration States: California, Florida, Illinois, Indiana, Virginia, Washington, Wisconsin
Financial Requirements
Investment:
Minimum Net Worth: $175K
Cash Investment: $40-60K
Total Investment: $260-500K
Average Total Investment: $275K
Fees:
Initial Franchise Fee: $25K
Average Franchise Fee: $25K
On-Going Royalty: $795-1,195/Mo.
Average Royalty: -1%
Advertising Fee: $490-690/Mo.
Average Number of Employees: 2 Full-time, 2 Part-time
Space Needs (in square footage): 1,200-8,000
Preferred Sites: Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
International Franchise Association: Yes
Canadian Franchise Association: No
Franchisee Association/Member: No
Size of Corporate Staff: 8
Site Selection Assistance? Yes
Lease Negotiation Assistance? Yes
Financial Assistance? Yes, Indirect
Marketing Support:
Co-Op Advertising: Yes
National Advertising: No
Regional Advertising: Yes
Local Advertising: Yes
Marketing Materials: Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services: Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support: None Specified
On-Going Support:
Central Data Processing: Not Applicable
Central Purchasing: Not Applicable
Field Operation Evaluation: Not Applicable
Field Training: Included in Fees
Initial Store Opening: Included in Fees
Inventory Control: Not Applicable
Franchisee Newsletter: Included in Fees
Regional or National Meetings: At Additional Cost
800 Telephone Hotline: Included in Fees
Training:
1. Corporate Offices 1 Week 2. Location 1 Week
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth: 3
General Business Experience: 3
Specific Industry Experience: 2
Formal Education: 4
Psychological Profile: 3
Personal Interview(s): 3
Minority Representation
Units Owned by Minorities:
African-American: N/A
Asian-American: N/A
Hispanic: N/A
Native American: N/A
Other: N/A
Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 10 Year(s)
Term of Renewal Period: 5 Year(s)
Passive Ownership: Allowed, But Discouraged
Area Development Agreements? No
Sub-Franchising Contracts? No
Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 15
U.S.: Yes, All United States
Canada: No
Overseas: No