What’s the investment?
Posted on 02/18/2010 02:24 am by adminOpen or Convert Your Tanning Salon to Your Own 24HR Tan™
24hr Tan offers two ways for you to brand with us.
Open a new store or convert your existing location.
- Estimated Initial Investment per 24hr Tan location.
|
Description |
New location |
Convert |
|
Initial License Fee |
$2,000 |
$2,000 |
|
Architectural Fee |
$2,500-$5,000 |
0 |
|
Tanning Equipment |
$50,000-$70,000 |
$0 |
|
Leasehold Improvements |
$20,000-$70,000 |
$0 |
|
Security Equipment |
$10,000-$12,000 |
$10,000-$12,000 |
|
Utility, Phone, and Lease Deposits |
$2,000-$7,000 |
$0 |
|
Insurance Initial Payment |
$1,000-$1,500 |
$1,000-$1,500 |
|
Computer and Software |
$2,000-$3,000 |
$0-$1,200 |
|
Equipment Set-Up |
$2,100-$4,000 |
$0 |
|
Timer System |
$1,000 |
$0-$1,000 |
|
Furniture |
$1,500 |
$0 |
|
Outside Sign |
$3,000 |
$3,000 |
|
Grand Opening Advertising |
$10,000 |
$10,000 |
|
Phone and Fax |
$200 |
$0 |
|
Wholesale Goods |
$2,500 |
$0 |
|
Permits, Licenses, and Miscellaneous |
$1,000-$3,000 |
$0 |
|
Working Capital |
$10,000-$20,000 |
$0 |
|
Totals |
$120,800—$195,700 |
$16,000—$29,700 |
Monthly license Fee $299 a month
*Estimates are based on a single unit
Want more information? E-mail us at info@24hr-tan.com
Phone: 877-398-1339