FranchiseVerdict
Palm Beach Beauty & Tan logo
FV-01876·MODERATEExcellent95

Palm Beach Beauty & Tan

Personal Services - Beauty & SalonFranchising since 2001Website
Investment
$648K – $1.1M
88th pct Beauty & Salon
Avg revenue
$497K
28th pct Beauty & Salon
Royalty
Units
650
91st pct Beauty & Salon
SBA default

Bottom line

  • Total investment $648K – $1.1M including a $30K franchise fee.
  • Average unit revenue of $497K/year (median $468K). Estimated payback in 7.4 years.
  • Rated MODERATE with a risk score of 62/100.
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Palm Beach Tan Franchising, Inc.
Parent company
Palm Beach Tan, Inc.
Incorporated in
Delaware
HQ
6321 Campus Circle Drive E., Irving, Texas 75063
Auditor
Grant Thornton LLP
Audited financials
Franchisor revenue
$16.5M
vs $17.0M 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 Palm Beach Beauty & Tan unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $496,876
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: $648K–$1.1M
Working capital
$
FDD reports $60K–$60K

Unlevered ROIC · per unit

12%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$109K
EBITDA margin
22.0%
Total invested
$950K
Payback
104 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 Palm Beach Beauty & Tan units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.5M

on $7.5M purchase

Total debt

$6.0M

SBA $3.7M + senior + seller note

Overview

About

Franchisees operate beauty and spray tanning salon locations, managing daily client appointments, tanning booth/spray tan services, retail product sales, and staff scheduling. Revenue is primarily derived from tanning memberships, day passes, spray tan services, and ancillary beauty/lotion products.

CEO
Daniel Caskey
Founded
2001
FDD year
2025
States available
25

Item 7 · what it costs

The Vitals

Total investment
$648K – $1.1M
All-in to open one unit
Liquid capital
$60K – $60K
Cash you must have on hand
Franchise fee
$30K
Royalty
1-12 months: 4% of Gross Sales; 13-24 months: 5% of Gross…
Ad fund
2.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical
Payback period
7.4 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$497K
Per unit, per year
Median gross sales
$468K
Item 19 type
Actual
Sample size
245 units
vs category median 34 · large
Range (low → high)
$130K$1.1M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank28th
vs Personal Services - Beauty & Salon peers
Investment cost rank88th
Lower investment ranks lower (better)
Royalty rate rank77th
Lower royalty = lower percentile (better)
Unit count rank91th
vs Personal Services - Beauty & Salon peers
Risk score rank50th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
650
Opened
7
Last reporting year
Closed
8
Turnover rate
1.2%
Company-owned
253
Corporate units in the system
% franchised
61%
vs corporate-owned
Net growth (yr3)
-0.3%
Net unit change last year
3-yr CAGR
+14.1%
Compounded over last 3 years
2023
397-5
Franchised units
2024
398
Franchised units
2025
348
Franchised units

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

Item 20 · 4 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 · 4 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.

No SBA loan data available for this brand.

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

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Declining system with unresolved litigation history, unprotected territory, escalating fees, and missing financial transparency creates meaningful investment risk in a mature beauty/tanning market.

Score breakdown · what drove the 62 / 100 rating

  1. 01MINORDeclining unit count (-0.3% YoY) suggests system contraction and potential market saturation in beauty/tanning segment
  2. 02HIGH2.5-year litigation with competitor (2022-2024) over IP/rebranding creates brand uncertainty and suggests operational/marketing vulnerabilities
  3. 03MINORNo protected territory exposes franchisees to direct competition from other Palm Beach Tan units and cannibalizing same market
  4. 04MINOREscalating royalty structure (4%→5%→6%) reduces profitability over time; at 6% royalty on $496K avg revenue = $29.8K annual ongoing fees
  5. 05MINORItem 19 (Financial Performance) absent — cannot verify if average revenue/net income figures are representative or survivorship-biased
  6. 06MINORHigh initial investment range ($648K-$1.1M) paired with modest net income ($121K avg) yields 5-9 year breakeven horizon with unprotected territory risk
  7. 07MEDConfidential settlement terms unknown — potential undisclosed operational or rebranding requirements could impact franchisee costs/liability

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
57 hrs
On-the-job training
340 hrs
POS system
SunLync
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

100 numbers

Locked
(303) 471-••••
CO
(949) 347-••••
CA
(559) 900-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Palm Beach Beauty & Tan · FDD (2025) PDF

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