Should I buy a tanning franchise or an independent salon?
Neither is better for everyone. A franchise gives you a brand and systems but brings fees, rules and franchisor approval. An independent salon gives you freedom but no support. Compare what each would ask of you, read the franchise documents with a lawyer and judge which fits how you want to work.
The choice between a franchise resale and an independent salon is really a choice about how much help you want and how much control you are willing to give up. Both can be run well. The questions below will not pick one for you, but they will show what each option asks of you so you can decide with your eyes open.
Brand, systems and support
A franchise usually comes with a known name, training, suppliers and a way of running the day. That can help a first-time owner. Ask what the franchisor actually provides now, not what it did years ago, and how existing owners describe the support. An independent salon has none of this built in, so you supply the marketing, procedures and supplier relationships yourself.
Fees, rules and approval
Franchises normally charge ongoing royalties and other fees, and the franchisor may need to approve you before a resale can close. Ask for the full list of charges, the approval steps and the time they take. Ask whether the franchisor can require renovations or new equipment after a transfer. Your lawyer should read the franchise agreement and any disclosure documents before you commit.
Equipment and standards
In either case, look closely at the tanning equipment: its age, its condition, its service history and who owns it. A franchise may set standards for equipment and appearance, which can mean upgrade costs. An independent salon may have older or mixed equipment. Ask what the sale includes, and see our page on what to check before buying a tanning salon.
Territory and competition
Ask whether a franchise gives you an exclusive area or whether another unit could open nearby. For an independent salon, look at who competes with you and how easily a rival could set up. In both cases, check the lease and how long the location is secure.
Related reading
11 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a tanning salon?
- Expert answerHow do I check a tanning salon’s sales before I buy it?
- Expert answerShould I buy a franchise pilates studio or an independent one?
- Expert answerBuying an esthetics studio vs starting one
- Expert answerWhat costs come with buying a fitness studio besides the price?
- Expert answerWhat should I check before buying a lash studio?
- Expert answerWhat does owning a fitness studio involve day to day?
- GuideBuying a fitness studio or gym in Canada
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernment5 tips to finance a franchise purchase
- 02Canadian Franchise AssociationIndustryInterested in Buying a Franchise?
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.