What does a Legally Tan Franchise Cost?
Legally Tan franchise fees for 2024:
Franchise Fee: $49,500
Second Unit: $45,000
Third Unit: $35,000
Total Investment: $121,300 - $249,000
(Low Investment 2nd Generation / High Investment Full
Build-Out)
Royalty: 6%
Other Fees:
Item 19: Yes
+ Gross Revenue: $497,001
- Total Expenses: $311,557
Net Profit: $185,444
- Royalties (6%): $29,820
- Local Advertising (1%): $4,970
- Total Franchisee Expenses: $34,790
Adjusted Net Profit: $150,654
Pay back period: 2 years
Veteran Discount: 15% off Franchise
Fee
Is Legally Tan a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Legally Tan is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Legally Tan a Home Based franchise?
No. Legally Tan is not a home based franchise opportunity.
What Do Legally Tan Franchise Owners Make?
Click here to find out how much Legally Tan franchisees make. Legally Tan offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Legally Tan a Master Franchise Opportunity?
Yes. Legally Tan is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Legally Tan Offer a Veteran Discount?
Yes. Legally Tan franchise does offer a veteran discount.
Does Legally Tan Work with E2 Visa and EB-5 Visa Candidates?
Yes. Legally Tan franchise does work with E2 Visa and EB-5 Visa candidates.
Is Legally Tan Looking for Franchisees in Canada?
No. Legally Tan franchise is not looking for Canada franchisees.
Is Legally Tan Looking for International franchisees?
No. Legally Tan franchise is not looking for International franchisees.
Where can I see Legally Tan's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.