Tanning Franchise Review
Tanning Franchise Opportunity - Tanning Franchise Business for Sale
Planet Beach
Planet Beach Contempo Spa is a push of a button, self serve spa which offers affordable memberships to consumers who want to look & feel good but not spend a fortune. We are the first ever automated day spa franchise featuring day spa treatments without the need of an attendant because the equipment does all of the work! This provides a more private, more affordable, and less time consuming spa experience when compared to a typical day spa.
A Planet Beach Contempo Spa membership offers unlimited services all month long:
* Teeth Whitening
* Facials
* Massages
* Skin Beautification Therapy
* Stress Relief Therapy
* Spray on Tanning
* Guided Meditation
BACKGROUND
Established: 1995
First Franchised: 1996
Franchised Units: 380
Awarded Units: 350 (in various stages of development)
Company Owned Units: 0
Projected New Units (12 Months): 150
Registered: All states
Availability in Canada: Masters only
States from which Referrals ARE NOT being accepted:
- Arizona – Not Accepting in Greater Phoenix Area – Sold out
- Idaho – Not Accepting in Greater Boise Area – Sold out
- Louisiana – Entire State - Sold Out
FINANCIAL/TERMS
Cash Investment: $115-$125k
Total Investment: $350k-$400k
Minimum Net Worth: $400k
Franchise Fee: $30k
Royalty: 6%
Ad: 2%
Average Number Of Employees: 5-6 employees (3 full time, 2-3 part-time)
Passive Ownership: Semi-absentee ownership option available
Earnings Claim: Yes
Franchise Fees by Units:
1 UNIT: $30,000
3 UNITS: $51,000
5 UNITS: $65,000
10 UNITS: $100,000
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