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Sunbanque Island Tanning
2533A Yonge St.
Toronto, ON M4P 2H9 CANADA
800#:
Tel: (416) 488-5838
Fax: (416) 488-3712
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Joel Giusto, Chairman
SUNBANQUE ISLAND TANNING is a full-service suntan salon with complete and exclusive inventory control and management.
Franchisor Background
Established: 1983
First Franchise: 1984
Franchise Units: 11
Company-Owned Units: 4
Total Units: 15
Distribution:
U.S. -- 7;
Canada -- 8;
International -- 0
-North America -- Operations in 1 State, 1 Province
-States/Provinces with Greatest Density: 8 in ON, 7 in MA
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $10-20K
Total Investment: $30-40K
Average Total Investment: $35.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $5K
-Average Franchise Fee: $5.0K
-Royalty: 3%
-Average Royalty: 3.0%
-Advertising: 5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 5
On-Going Support: A,B,C,D,E,F,G,H (Click here for an explanation)
Training: 1-2 Weeks Headquarters.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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