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Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs Mirage Tanning Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $624,438 - $926,790 | $126,000 - $286,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 4-6% | - |
Advertising Fee | 5.5% | - |
Year Founded | 1990 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Mirage Tanning Centers was established with the intent of creating the highest level of service, convenience, and customer satisfaction possible in the tanning industry. After a combined 31 years in the business with corporate and franchise locations in multiple states the concept is proven. The Mirage pledges to continue offering the same level of service and devotion that started with the very first location. Our franchise development team will assist you with the following: * Market feasibility study * Professional Consultation * Financing * Site Selection * Customized Design * Construction * Computerized Equipment As a Mirage Tanning franchisee, you also benefit from: * Combined Purchasing Power * Management Training * Manuals and Information Systems * Corporate Marketing * On-Going Support We certainly appreciate your interest in the " Mirage Tanning Centers " and we pledge our full support in helping you achieve your business goals.