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Below is an in-depth analysis and side-by-side comparison of Tan Company, The vs iTAN 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 | $326,000 - $650,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1994 | 2001 |
Year Franchised | 2001 | 2008 |
Term Of Agreement | 10 years | 10 Years +5+5 |
Term Of Agreement | 10 years | 10 Years +5+5 |
Renewal Fee | $500 | - |
Business Experience Requirements |
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Experience | - | Retail business operations experience is helpful, and customer service and staff management skills are also important. You can always hire a manager with the necessary background and experience, if you don't personally have the relevant background or experience. Regardless of your background, we will provide the tools and training you need to run your own iTAN location. Having the right amount of capital will also be very important, of course. |
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 | - | All iTAN team members are trained through iTAN University, our specialized training program that includes a series of courses designed to educate key stakeholders on proven salon best practices to create optimal results. |
Support | - | Here are just some of the ways iTAN supports your growth:
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Marketing | - | - |
Operations | - | The iTAN Franchise Program
iTAN gives you the chance to build a richly satisfying business while helping Members reach their tanning and beauty goals. With the best tanning equipment in the industry, featured in a highly-styled spa environment, iTAN Solariums provide a spa experience that exceeds expectations. Best of all, for our franchise owners, we offer a wide range of products and services for maximum potential revenue streams, plus solarium layout options designed for flexibility, efficiency, and optimal customer experiences. Now you have the chance to own and operate your own streamlined, exciting sun spa, while benefiting from professional training and support at every step. |
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.