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Palm Beach Tan
Palm Beach Tan sells UV-free tanning equipment and skincare products to independently operated tanning salons, tanning services and skincare products directly to consumers and tanning salon franchises to independent operating companies. Each Palm Beach Tan location boasts two to three times the square footage of a typical tanning salon. And unlike many stores that are located on the second floor of a class "C" strip mall, Palm Beach Tan superstores are strategically positioned in high profile class "A" retail developments. This has greatly increased the sales volume of the stores, attracting customers who might not have previously considered indoor tanning.
Facts & figures
$150,000 is required in available capital if you want to become a franchisee. The franchise expects its new franchisees to have a net worth of at least $1,000,000. $446,700 is the minimum that someone opening a location should expect to invest. The high end of the total investment required to open a franchise is $790,800. New franchisees pay Palm Beach Tan a franchise fee of $25,000. There is currently a total of 132 units in operation.
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