FranchiseVerdict
GLO Tanning logo
FV-01056·STRONGExcellent95

GLO Tanning

Formerly known as Yours

Personal Services - Beauty & SalonFranchising since 2020Website
Investment
$757K – $1.5M
93rd pct Beauty & Salon
Avg revenue
$749K
52nd pct Beauty & Salon
Royalty
6.5%
57th pct Beauty & Salon
Units
82
66th pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $757K – $1.5M including a $45K franchise fee, 6.5% ongoing royalty.
  • Average unit revenue of $749K/year (median $970K). Estimated payback in 1.9 years.
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 84 loans (below the industry average).
  • System growing at 175.0% CAGR over 3 years with 82 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
GLO Tanning Franchise, LLC
Parent company
Glo Tanning Centers Inc
Incorporated in
Oklahoma
HQ
12335 N. Rockwell Ave., Oklahoma City, Oklahoma 73142
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$2.0M
vs $2.8M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one GLO Tanning unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $749,048
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $757K–$1.5M
Working capital
$
FDD reports $41K–$85K

Unlevered ROIC · per unit

13%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$154K
EBITDA margin
20.5%
Total invested
$1.2M
Payback
92 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 GLO Tanning units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.2%

7.38× MOIC

Year-1 DSCR

1.89×

EBITDA ÷ debt service

Equity required

$2.1M

on $10.1M purchase

Total debt

$8.0M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.1M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

GLO Tanning franchisees operate spray-tanning salons offering UV-free tanning services and related beauty treatments. Day-to-day operations include managing spray tan booth scheduling, training and supervising staff, maintaining equipment/hygiene standards, handling customer service, and driving local marketing to build a recurring client base.

CEO
Onyi Odunukwe
Founded
2020
FDD year
2025
States available
15

Item 7 · what it costs

The Vitals

Total investment
$757K – $1.5M
All-in to open one unit
Liquid capital
$41K – $85K
Cash you must have on hand
Franchise fee
$45K
Royalty
6.5%
Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.5%
vs 9–13% typical
Payback period
1.9 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$749K
Per unit, per year
Median gross sales
$970K
Item 19 type
Gross Sales
Sample size
51 units
vs category median 34
Range (low → high)
$466K$1.5M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank52th
vs Personal Services - Beauty & Salon peers
Investment cost rank93th
Lower investment ranks lower (better)
Royalty rate rank57th
Lower royalty = lower percentile (better)
Unit count rank66th
vs Personal Services - Beauty & Salon peers
Risk score rank4th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
82
Opened
32
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
94%
vs corporate-owned
Net growth (yr3)
+71.1%
Net unit change last year
3-yr CAGR
+175.0%
Compounded over last 3 years
2023
77+32
Franchised units
2024
45
Franchised units
2025
28
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 27 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 27 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
84
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

GLO Tanning presents moderate-to-cautionary risk: lack of verified financial disclosures, aggressive growth without performance transparency, and headwinds in a declining category warrant detailed validation before committing $750k+.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNo Item 19 financial performance representations disclosed — cannot verify if 'average' $749k revenue is achievable for typical franchisee
  2. 02MINORHigh unit growth (71.1% YoY) suggests rapid expansion that may outpace market demand or franchisee quality control
  3. 03MINORInvestment range spans $721k variance ($757k–$1.48M) — unclear cost drivers and potential for scope creep
  4. 04HIGHGoing concern status is False (unclear/concerning) — requires clarification on franchisor financial stability
  5. 05MEDTanning industry structural decline due to health awareness and regulatory headwinds — revenue sustainability questionable long-term

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Oklahoma

Item 11

Training & Operations

Classroom training
23 hrs
On-the-job training
42 hrs
POS system
Sunlync POS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

95 numbers

Locked
(469) 240-••••
TX
(701) 328-••••
ND
(410) 956-••••
MD

One-time purchase · CSV download · Validation questions included

FDD download

GLO Tanning · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above