Palm Beach Tan vs Tan Company, The Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs Tan Company, The including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Palm Beach Tan Franchise
Tan Company, The Franchise
Investment $624,438 - $926,790$386,700 - $844,000
Franchise Fee $30,000$25,000
Royalty Fee 4-6%6%
Advertising Fee 5.5%-
Year Founded 19901994
Year Franchised 19982001
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee Varies$500


Business Experience Requirements

 
Palm Beach Tan Franchise
Tan Company, The Franchise
Experience
  • General business experience
  • Marketing skills
  • Multi-unit retail development
  • -

    Financing Options

     
    Palm Beach Tan Franchise
    Tan Company, The Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Palm Beach Tan Franchise
    Tan Company, The Franchise
    Training Store level tools are made available On-The-Job Training: 320 hours Classroom Training: 40 hours Additional Training: As needed-
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software-
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketingLoyalty program/app-
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (15% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Palm Beach Tan Franchise
    Tan Company, The Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Palm Beach Tan

    Palm Beach Tan is actively seeking franchisees to join the Palm Beach Tan network. At Palm Beach Tan, our 20-year track record of success comes from delivering what appearance-conscious customers want. We’ve built our brand around providing members with convenience, choice, and state-of-the art sunbed and sunless services, all delivered in a relaxed spa-like environment staffed by the most extensively trained tanning consultants in the industry. Our standard is forging long-term customer relationships with a foundation in service, quality, and value. And with salons located in more than 24 states from coast-to-coast, we are the established, nationally recognized market leader in the growing indoor tanning market. If you are interested in learning more about the fast-growing world of indoor tanning or currently own a tanning salon(s) and are interested in learning more about conversion to the Palm Beach Tan brand, please contact us.

    The total investment necessary to begin operation of a Palm Beach Tan Location ranges from $624,438 to $926,790. This total includes  approximately $35,949 to $39,321 that must be paid to the franchisor or their affiliate for a newly constructed Location.
    If you sign a Development Agreement, you will also pay a development fee equal to 100% of the initial franchise fee for the first Location and $5,000 for each additional Location to be developed under a Development Agreement. The portion of the development fee allocable to each Location (the development fee credit) will be credited against the initial franchise fee due for that Location.

    "Entrepreneur

    #20 in Franchise 500 for 2020.
    #63 in Franchise 500 for 2021.







    About Tan Company, The

    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.