
The Investment
Boca Tanning Club offers 3 franchising options total costs ranging from the low $100′s to the low $500′s. The initial franchise fee to join the Boca Tanning Club Franchise team is $35,000. Qualified candidates should possess a minimum net worth between $250,000 to $500,000 and liquid assets between $100,000 to $250,000. A detailed list of each investment opportunities follows:
| Type of Expense | Flagship Concept | Express Concept | Spray Concept |
|---|---|---|---|
| Initial Franchisee Fee | $35,000 | $35,000 | $35,000 |
| Travel and Living Expenses | $1,500 | $1,500 | $1,500 |
| Development, Buildout, Business License and Permits | $200,000 | $100,000 | $30,000 – $41,500 |
| Furniture & Fixtures | $15,000 | $10,000 | $2,500 – $5,000 |
| Signage | $5,000 | $5,000 | $2,500 – $5,000 |
| Equipment | $164,000 | $89,000 | $35,000 – $45,000 |
| Miscellaneous Equipment | $2,000 | $2,000 | $2,000 |
| Miscellaneous Opening Costs | $2,000 | $2,000 | $2,000 |
| Initial Inventory | $5,000 | $5,000 | $2,500 – $5,000 |
| POS Computer System | $3,500 | $3,500 | $3,500 |
| Grand Opening Advertising | $10,000 | $10,000 | $5,000 – $10,000 |
| Additional Working Capital | $50,000 – $75,000 | $20,000 – $50,000 | $15,000 – $21,000 |
| TOTAL: | $493,000 – $518,000 | $283,000 – $313,000 | $136,500 – $210,000 |
NOTE: All prices are estimates to the best of our ability based on current industry pricing and prior experience. Actual costs will not be determined until buildout and development begins.
The Details
| Package Details | Flagship Concept | Express Concept | Spray Concept |
|---|---|---|---|
| UV Tanning Services | ✓ | ✓ | |
| Spray Tanning Services | ✓ | ✓ | ✓ |
| Airbrush Spray Tanning Services | ✓* | ✓* | ✓ |
| Open 24 Hours | ✓ | ✓** | |
| MediSpa Services | ✓*** | ✓*** |
* Airbrush tanning may be offered but at time of opening these services are not included in the investment numbers above.
** Express Concept may be converted into a 24 Hour location based on individual business demographics.
*** MediSpa Services are an option for broadening our business model and increasing clientele. This is currently under development and is not included in the investment plan.
