TANWORLD
Retail & Consumer Goods · Specialty Retail
- Active units
- 18
- Royalty
- 0.0%
Franchised, year-end 2023
of weekly Net Sales
About TANWORLD
TWI Franchising Inc. With their exceptional products and services, they have established themselves as a trusted name in the industry. Whether you are looking for a golden, sun-kissed tan or rejuvenating wellness treatments, TWI Franchising Inc. Their extensive range of products includes high-quality tanning beds, lotions, and accessories that guarantee a flawless and long-lasting tan. Moreover, their team of skilled professionals ensures that you receive personalized services tailored to your specific needs and preferences. At TWI Franchising Inc., they value your privacy and prioritize customer satisfaction. They strive to create a comfortable and relaxing environment, where you can unwind and indulge in the ultimate tanning and wellness experience. Contact TWI Franchising Inc. Trust their expertise and let them help you enhance your natural beauty. Experience luxurious treatments and witness remarkable results that will leave you feeling refreshed and confident.
Key terms
- Franchise fee
$0
- Brand fund
1.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
600 – 1,000 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Growth
- Total locations18
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate-21.7%
Net unit growth versus prior year
- 3-year unit CAGR-18.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$108k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open5 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate0.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.