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Tanworld
TANWORLD was founded in 1995 and began offering franchises in 1997. Today, their tanning salons span three time zones and their Franchise Partners dominate the Midwest. The TANWORLD Super Salon concept is a retail business opportunity combining the world's finest tanning equipment, a scalable modular wall system, cutting-edge point-of-sale (POS) software and the tanning industry's most innovative training programs. TANWORLD is the largest tanning franchise in Iowa and the Midwest. The first tanning salon opened in 1995. Today there are multiple tanning salons owned and operated by Franchise Partners in many states.
Facts & figures
The capital required to open a unit is $75,000. Tanworld expects new franchisees to have a net worth of at least $350,000. $323,100 is the minimum that someone opening a location should expect to invest. The most the franchisor could ask you to invest is $564,000 if you want to become a franchisee. New franchisees pay Tanworld a franchise fee of $32,500. There are currently 61 Tanworld units in operation.