INVESTMENTS

Tanners Cove offers two very distinctive ways for you to brand with us. Our Traditional Tanning Salon consists of 7-14 units and our Express Tanning Salon consists of 5-6 units. Both concepts encompass treatments which hydrate, invigorate, and rejuvenate your skin, providing you with the ultimate skin care solution.

Estimated Initial Investment per Tanners Cove location.

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Description Low Range High Range
Initial Licensing Fee $20,000 $30,000
Architectural Fee $500 $6,000
Tanners Cove Tanning Equipment $31,645 $157,337
Leasehold Improvements $15,000 $90,000
Owner Furnished Items $31,200 $72,700
Utility, Phone, and Lease Deposits $2,000 $7,500
Insurance Initial Payment $600 $1,500
Computer and Software $3,500 $4,200
Shipping and Handling of Equipment $900 $4,200
Equipment Set-Up $1,500 $5,650
Timer System $800 $1,250
Furniture $1,450 $4,400
Posters/Frames $40 $100
Interior Signage $2,400 $3,800
Exterior Signage $2,800 $5,200
Banners $200 $400
Printing $1,000 $1,500
Grand Opening Advertising $3,000 $3,000
Phone and Fax $200 $400
Office Supplies $400 $600
Wholesale Goods $2,900 $4,700
Washer and Dryer $0 $1,700
Permits, Licenses, and Miscellaneous $1,000 $3,500
Working Capital $10,000 $50,000
     
Totals $133,035 $459,637

*Estimates are based on a single unit for both traditional and express tanning salons.