Start-Up Costs and Fees |
||
| The Palms Tanning Resort | Sol'exotica Tanning Salon | |
| Investment | 489750 - 517000 | 70000 - 150000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | N/A |
| Year Founded | 2003 | 1994 |
| Year Franchised | 2003 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Palms Tanning Resort | Sol'exotica Tanning Salon | |
| Experience | General business experience Marketing skills Customer service skills | |
Financing Options |
||
| The Palms Tanning Resort | Sol'exotica Tanning Salon | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Palms Tanning Resort | Sol'exotica Tanning Salon | |
| 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 | Sol'exotica Tanning Salon | |
| US Expansion | ||
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Franchise Fee | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Royalty Fee | |
| The Palms Tanning Resort | 6% |
| Sol'exotica Tanning Salon | 6% |
| Advertising Fee | |
| The Palms Tanning Resort | 2% |
| Sol'exotica Tanning Salon | N/A |
| Year Founded | |
| The Palms Tanning Resort | 2003 |
| Sol'exotica Tanning Salon | 1994 |
| Year Franchised | |
| The Palms Tanning Resort | 2003 |
| Sol'exotica Tanning Salon | 2007 |
| Term Of Agreement | |
| The Palms Tanning Resort | 10 years |
| Sol'exotica Tanning Salon | |
| Renewal Fee | |
| The Palms Tanning Resort | 25% of initial franchise fee |
| Sol'exotica Tanning Salon | |
Business Experience Requirements |
|
| Experience | |
| The Palms Tanning Resort | General business experience Marketing skills Customer service skills |
| Sol'exotica Tanning Salon | |
Financing Options |
|
| Franchise Fees | |
| The Palms Tanning Resort | No |
| Sol'exotica Tanning Salon | No |
| Start-up Costs | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Equipment | |
| The Palms Tanning Resort} | |
| Sol'exotica Tanning Salon | |
| Inventory | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Receivables | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Payroll | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
Training & Support |
|
| Training | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Support | |
| The Palms Tanning Resort | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Sol'exotica Tanning Salon | |
| Marketing | |
| The Palms Tanning Resort | Co-op advertising, Regional advertising |
| Sol'exotica Tanning Salon | |
| Operations | |
| The Palms Tanning Resort | Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. |
| Sol'exotica Tanning Salon | |
Expansion Plans |
|
| US Expansion | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |
| Canada Expansion | |
| The Palms Tanning Resort | 0 |
| Sol'exotica Tanning Salon | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The Palms Tanning Resort | |
| Sol'exotica Tanning Salon | |