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Below is an in-depth analysis and side-by-side comparison of Tan Company, The 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 | $386,700 - $844,000 | N/A |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1994 | - |
Year Franchised | 2001 | - |
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/No | -/- |
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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
In 1994, Todd Beckman made the decision to focus his efforts entirely on the tanning side of business and opened The TAN Company. What began as an “add-on” to a hair salon, grew to over 50 independent, single-focus tanning salons operating in 7 states!
With equipment continually changing and skin care products improving every year, it is imperative to stay informed. It is only as an expert can you satisfy the desires of current and future tanners.
One of the most valuable benefits to owning a Tanco franchise is our expertise in this industry. We monitor trends, continually test new products, and keep you aware of even the smallest of details to ensure your success. Because we have already overcome obstacles and learned from our mistakes, you don’t have to face unnecessary challenges when beginning your own entrepreneurship.
We have achieved our level of success only through the efforts of the outstanding corporate team. Many of the individuals on our corporate staff own at least one Tanco franchise location. Because of this, we all have a personal stake in the future of this company and are constantly looking for ways to improve. Our entire corporate team, the majority of whom started in our tanning salons, is made up of individuals who have a desire for perfection, a determination to succeed and a dedication to this company that is unmatched at any other company in America.
When you invest in Tanco you gain much more than a business, you become a part of the Tanco family. There is a saying that you can’t choose your family, but I must disagree. Our family - our franchisees as well as our corporate staff - has been carefully selected to ensure our future success. We make sure that every member of our family has what it takes to help Tanco reach the highest levels of success.
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.