The Palms Tanning Resort vs Heyday Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Palms Tanning Resort vs Heyday including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Palms Tanning Resort Franchise
Heyday Franchise
Investment $489,750 - $517,000$574,000 - $755,500
Franchise Fee $35,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20032018
Year Franchised 20032020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of initial franchise fee-


Business Experience Requirements
 
The Palms Tanning Resort Franchise
Heyday Franchise
Experience
  • General business experience
  • Marketing skills
  • Customer service skills
    		• -

    Financing Options
     
    The Palms Tanning Resort Franchise
    Heyday Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Palms Tanning Resort Franchise
    Heyday Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    The Palms Tanning Resort Franchise
    Heyday Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Palms Tanning Resort

    The Palms Tanning Resort offers the most luxurious tanning beds and products available in the world. It's a unique and exciting tanning franchise concept. By providing an elegant, high-end tanning resort experience to each and every guest, The Palms provides much more than just a tan. The Palms' guests find themselves transformed into a lush, tropical world where their tanning experience helps them escape their everyday lives, and find the tranquility that only The Palms can bring them.

    About Heyday

    "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.