Palm Beach Tan vs Skoah Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Palm Beach Tan vs Skoah including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$624,438 - $926,790 | $260,000 - $412,700 |
Franchise Fee |
$30,000 | $49,500 |
Royalty Fee |
4-6% | - |
Advertising Fee |
5.5% | - |
Year Founded |
1990 | 2019 |
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 | Yes |
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 Skoah
Skoah is a first to market, facials-only franchise that is poised to
revolutionize the $11 billion American skin care industry. Wildly
popular in Canada for nearly two decades,Skoah has grown to become what
Vogue magazine calls “the coolest skincare line in Canada.” By
focusing solely on facials, Skoah has become a specialized leader in
“personal training for your skin.” Skoah customers sign up for
memberships that allow them to get affordable, hour-long facials once a
month and an education in personalized skin care designed to deliver
best results, as well as earn discounts on Skoah’s proprietary product
line of more than 70 items. With several thriving locations in the United States, Skoah is
ramping up for a rapid expansion across the nation. We’re actively
seeking entrepreneurs who have a passion for skin care and a commitment
to their local communities to get in on the ground floor of the most
exciting opportunity to hit the American beauty industry in a long time.
The total investment necessary to begin operation of a SKOAH® franchise
is approximately from $260,000 to $412,700. This includes approximately
$56,000 that must be paid to the franchisor or their affiliates.
If you are acquiring the right to open multiple locations under a development
agreement, instead of paying the franchisor the $49,500 initial
franchise fee you will pay to the franchisor an amount ranging from
$89,500 to $298,500 for the right to develop between two and ten units.