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Updated RecentlyThe Palms Tanning Resort Franchise
Tanning salon
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.
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How much does it cost to open a The Palms Tanning Resort Franchise?
The investment required to open a The Palms Tanning Resort Franchise is between $489,750-$517,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the The Palms Tanning Resort name.
Individual Unit Costs
- Initial Investment:
$489,750-$517,000 - Initial Franchise Fee:
$35,000 - Royalty Fee:
6% - Advertising Fee:
2% - Term of Agreement:
10 years - Renewal Fee:
25% of initial franchise fee
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The Palms Is Selected To Be The Official Tanning Resort Of The Denver Nuggets Cheerleaders
The Palms Tanning Resort is extremely proud to announce that we have been chosen to be the official tanning resort of The Denver Nuggets Cheerleaders...
The Palms Tanning Resort News & Press Releases
When did The Palms Tanning Resort start Franchising? 2003
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 0 | 0 | 0 | 2 |
| 2004 | 0 | 0 | 0 | 1 |
| 2003 | 0 | 0 | 0 | 1 |
| 2002 | 0 | 0 | 0 | 0 |
| 2001 | N/A | N/A | N/A | N/A |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA, tanning equipment leasing
Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Regional advertising
Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed.
Business Experience:
To calculate how much income a franchise owner can do at The Palms Tanning Resort Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for The Palms Tanning Resort and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Palms Tanning Resort franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
The Palms Tanning Resort
The Palms Tanning Resort
8577 E Arapahoe Rd Ste A
Greenwood Village,
CO
80112