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Updated RecentlySol'exotica Tanning Salon vs iTAN Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sol'exotica Tanning Salon 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 | $70,000 - $150,000 | $326,000 - $650,000 |
| Franchise Fee | $20,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | N/A | - |
| Year Founded | 1994 | 2001 |
| Year Franchised | 2007 | 2008 |
| Term Of Agreement | - | 10 Years +5+5 |
| Term Of Agreement | - | 10 Years +5+5 |
| Renewal Fee | - | - |
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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
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 | Yes | - |
| International Expansion | - | - |
Company Overviews
About Sol'exotica Tanning Salon
Sol'exotica Tanning Salons have been in the tanning industry since 1994. With 12 locations (and growing fast!!!) it has become the tanning destination of choice in the Ontario region. With an ever expanding target market of clients looking not only for a beautiful bronzed look but for a dose of the ever important Vitamin D. Sunbeds make vitamin D naturally. To learn more about the benefits of Vitamin D-just visit any of our salons or call us for information.
-An experienced franchisor and head office team with extensive knowledge in the tanning and retail industries
-Leader in the tanning market sectorSol’exotica has the strongest residual EFT (Electronic Funds Transfer) program in the country!
-A proven, successful business model and programs that are sustainable in any geographical market
-Successful operation of the Sol’exotica Brand and Systems since 1996
-Power and value in nationwide branding, recognition, presence and protection
-High-quality, specialized initial training and ongoing support
-The latest in tanning technology and products in an inviting and an attractive work environment
-Site location and lease negotiation assistance
-Signature interior design, layout and décor package
-Most equipment can be leased requiring less up front capital investment
About iTAN
Participate in the American dream by owning a cutting edge tanning and spa franchise!
iTAN Franchising, INC. allows customers to indulge in health and beauty services all under an affordable and accessible client membership model. Services at iTAN include sun tanning, spray tanning and a variety of spa services such as infrared heat body wraps, red light therapy, photo facials, hydro-massage, and teeth whitening. Additionally, iTAN is the first to market with the cutting edge skin-sensing UV equipment that can automatically calculate exposure time and UV dosing for a perfect tan every time.
As an iTAN franchisee, you access the rewards of the entrepreneurial lifestyle, while benefiting from our high franchise support structure. iTAN builds a partnership of trust with each of our franchisees. We see your success as a reflection of our own. iTAN provides you with business, financial and operational guidance, reinforced with carefully developed systems.
Take advantage of the opportunity to be your own boss today with a market leader in a resilient industry.
iTAN salons are easy to operate and offer high margins, low ongoing costs, residual income, and the satisfaction that comes from helping people look and feel their best.