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Below is an in-depth analysis and side-by-side comparison of The Palms Tanning Resort vs South Beach Tanning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $489,750 - $517,000 | $161,340 - $539,500 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 2003 | 2003 |
Year Franchised | 2003 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of initial franchise fee | - |
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/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
In the tanning industry since 2003 and with a founder and current president that was a CPA by trade, we understand how to put systems and the principles that have made us successful translate to you.
We have put years into streamlining our systems and our clients consistently give our approach to customer service high marks. We ensure that our clients feel welcomed and supported in their quest to maintain a bronzed tan. We have a dedicated staff of professionals who work with your team to instill a culture of assistance.
Our Franchise Support Team is always available to you and your organization. With locations in 7 different states and growing, South Beach Tanning has created a model for success. Our guidance and marketing support will help your company grow. Our team is here to help you succeed and reach your business goals. Soon you will understand the South Beach Difference!