The Palms Tanning Resort vs Intelligent Tanning System Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Palms Tanning Resort vs Intelligent Tanning System including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Palms Tanning Resort Franchise
Intelligent Tanning System Franchise
Investment $489,750 - $517,000N/A
Franchise Fee $35,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 2003-
Year Franchised 2003-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of initial franchise fee-


Business Experience Requirements
 
The Palms Tanning Resort Franchise
Intelligent Tanning System Franchise
Experience
  • General business experience
  • Marketing skills
  • Customer service skills
    		• -

    Financing Options
     
    The Palms Tanning Resort Franchise
    Intelligent Tanning System Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Palms Tanning Resort Franchise
    Intelligent Tanning System Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    The Palms Tanning Resort Franchise
    Intelligent Tanning System Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Palms Tanning Resort

    The Palms Tanning Resort offers the most luxurious tanning beds and products available in the world. It's a unique and exciting tanning franchise concept. By providing an elegant, high-end tanning resort experience to each and every guest, The Palms provides much more than just a tan. The Palms' guests find themselves transformed into a lush, tropical world where their tanning experience helps them escape their everyday lives, and find the tranquility that only The Palms can bring them.

    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.