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Below is an in-depth analysis and side-by-side comparison of Sunchain Tanning Centers vs iTAN including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $111,960 - $252,300 | $326,000 - $650,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1994 | 2001 |
Year Franchised | 1995 | 2008 |
Term Of Agreement | 10 years | 10 Years +5+5 |
Term Of Agreement | 10 years | 10 Years +5+5 |
Renewal Fee | $250 | - |
Business Experience Requirements |
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Experience | 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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Here are just some of the ways iTAN supports your growth:
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Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (67% 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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |