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Updated RecentlyExecutive Tans vs Intelligent Tanning System Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Executive Tans vs Intelligent Tanning System including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $125,000 - $499,000 | N/A |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | $795/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 1991 | - |
| Year Franchised | 1995 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $500 | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (81% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Executive Tans
Wayne Smeal opened the first Executive Tans in Denver in 1991. The company now operates salons throughout the Southwest that offer customers tanning services and massages as well as swimwear and tanning products.
About Intelligent Tanning System
The primary growth engine in the indoor tanning industry consists of the
niche areas of sunless and specialized UV. This is where we focus our
business. Our current product line offers three automated sunless
machines. Of the more than 25,000 businesses in the United States that
offer tanning services, which generate more than $5 billion in sales
annually, estimates show less than 15% offer automated sunless services
(because the technology is still relatively new). This is why the
automated sunless industry is the fastest growing segment of the indoor
tanning business. In addition to our state-of-the-art sunless systems,
we hold the pioneering patent on UV light emitting diode (LED) tanning
devices, which are currently under development. For efficacy and
efficiency reasons, UV LED tanning devices will ultimately entirely
replace the standard UV bulb technology that has been in use for the
past 15 years. This is truly cutting-edge technology.