Palm Beach Tan vs iTAN Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs iTAN including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$624,438 - $926,790 | $326,000 - $650,000 |
Franchise Fee |
$30,000 | $30,000 |
Royalty Fee |
4-6% | - |
Advertising Fee |
5.5% | - |
Year Founded |
1990 | 2001 |
Year Franchised |
1998 | 2008 |
Term Of Agreement |
10 years | 10 Years +5+5 |
Term Of Agreement |
10 years | 10 Years +5+5 |
Renewal Fee |
Varies | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills Multi-unit retail development | 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 |
|
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 |
Training |
Store level tools are made available
On-The-Job Training: 320 hours
Classroom Training: 40 hours
Additional Training: As needed | 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 |
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software | Here are just some of the ways iTAN supports your growth:
A field-tested, easy to understand operating system
Site selection guidelines and assistance
Build-out support from day one to grand opening
Business, professional and operational guidance from experts in the field
Guidance for working with approved vendors
Ongoing support from iTAN's experienced management team
A comprehensive operations manual
Established branding from iTAN's market presence
Assistance with developing your own grand opening marketing plan |
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) | 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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
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.
#20 in Franchise 500 for 2020.
#63 in Franchise 500 for 2021.
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.