Palm Beach Tan vs European Wax Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs European Wax Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$624,438 - $926,790 | $359,660 - $564,515 |
Franchise Fee |
$30,000 | $45,000 |
Royalty Fee |
4-6% | 6% |
Advertising Fee |
5.5% | 3% |
Year Founded |
1990 | 1975 |
Year Franchised |
1998 | 1975 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
Varies | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills Multi-unit retail development | * We are looking for energetic , creative , hard working individuals that will embrace our philosophy , policies ,procedures and programs that have already proven effective .
* We are searching for those that have a craving for success .
* Detail oriented people that see a vision and know that there is always room for change and improvement .
* People who believe that education , continuous evaluation and recognition are key tools in the success of any organization .
* Individuals who are inspired by and can participate in new ideas , suggestions and comments . |
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 | - |
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 |
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 European Wax Centers
European Wax Center began as a department within a second generation family owned salon located in Aventura, FL. The founders, David and Joshua Coba, spent over 10 years refining every aspect of the company before evolving into a stand-alone wax only facility.
Today, European Wax Center is recognized by its guests as a premier provider and has evolved into a true multi-location corporate entity with such elite features as a Centralized Guest Reservation Center and a licensed in-house education staff.
Our focus is not merely servicing our guests. We strive to create a behind the scenes environment that promotes better work habits, higher sales, increased guest loyalty, easier management, and a well run machine that can virtually operate and grow on its own. At European Wax Center our focal point is P.R.I.D.E.
PROVIDE a whole new dimension of franchise
RAISE the bar in image, structure, organization, technology, education, guest service and marketing
INSPIRE ideas, suggestions and comments
DEDICATED to facilitate the relationships within and the continued growth of the entire franchise network
EDUCATE, evaluate and recognize.
We offer a high-end environment at an extremely competitive
price point. Our strong corporate image and brand is well known throughout South Florida as we service thousands of satisfied guests each and every month. Our company has extremely solid footing with regards to systems, structure, organization, state of the art information technology, and associate education.
European Wax Center will be awarding franchises to a select number of qualified individuals.
#56 in Franchise 500 for 2020.
#49 in Franchise 500 for 2021.