Palm Beach Tan vs Heyday Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs Heyday including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$624,438 - $926,790 | $574,000 - $755,500 |
Franchise Fee |
$30,000 | N/A |
Royalty Fee |
4-6% | - |
Advertising Fee |
5.5% | - |
Year Founded |
1990 | 2018 |
Year Franchised |
1998 | 2020 |
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 | - |
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 | 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 Heyday
Heyday, is a startup aiming to make facials more affordable and personalized.
Heyday offers something that sits between expensive, high-end facials and “random little places that are generally cheap in a bad way".
Heyday started in New York City but has opened its first Los Angeles store.
Heyday is changing the way customers look at facials.