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Executive Tans 165 S. Union Blvd., # 780
Lakewood, CO 80228-2215
800#: (877) 393-2826 Tel: (303) 988-9999 Fax: (303) 988-5390
E-Mail: [email protected]
Web Site: www.executivetans.com
Contact: Mr. Patrick Pounders, VP Sales & Marketing
Indoor tanning salons along with related products and services.
Franchisor Background
Established: 1991
First Franchise: 1995
Franchise Units: 145
Company-Owned Units: 2
Total Units: 147
Distribution:
U.S. -- 147;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 26 in CO
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 3, 3, 3, 4, 3, 3
(Click here for an explanation)
Registered in Following Registration States: IL,FL,WI (Click here for an explanation)
Average Number of Employees: 2 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,500-6,000 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $40-60K
Total Investment: $130-150K
Average Total Investment: $140.0K
Minimum Net Worth: $175K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: $795-1,895/Mo.
-Advertising: $315/Mo.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 3/3
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 4
On-Going Support: B,C,d,E,G,h,I (Click here for an explanation)
Training: 1 Week at Corporate Offices; 1 Week on Location.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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