The Palms Tanning Resort Franchise

Tanning salon

AAPL Price Today by TradingView
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.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of The Palms Tanning Resort, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official The Palms Tanning Resort website.

How much does it cost to open a The Palms Tanning Resort Franchise ?

The investment required to open a The Palms Tanning Resort Franchise is between $489,750 - $517,000 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the The Palms Tanning Resort name.

Individual Franchise Costs

  • Initial Investment:
    $489,750 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    25% of initial franchise fee

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
the SBA, tanning equipment leasing

Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Regional advertising

The Palms Tanning Resort Growth History

When did the first The Palms Tanning Resort open? 2003
When did The Palms Tanning Resort start Franchising ? 2003

Year U.S.A. Canada International Corporate
2005 0 0 0 2
2004 0 0 0 1
2003 0 0 0 1
2002 0 0 0 0
2001 N/A N/A N/A N/A

Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed.

General business experience Marketing skills Customer service skills


How much does a The Palms Tanning Resort Franchise owner make?

How much money you could make as a The Palms Tanning Resort Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a The Palms Tanning Resort Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$35,000 - $517,000
Initial Franchise Fee
$35,000
Royalty Fee
6%
Advertising Fee
2%
Term of Agreement
10 years
Renewal Fee
25% of initial franchise fee
Latest News
The Palms Is Selected To Be The Official Tanning Resort Of The Denver Nuggets Cheerleaders

2004-10-25 View All
The Palms Tanning Resort Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for The Palms Tanning Resort and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a The Palms Tanning Resort franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.