One fact that we discovered during our recent visit to a Hollywood Tans Discovery Day is that Hollywood Tans guarantees the leases of its franchisees. This is extremely rare thing for any franchise company to do, and is a tremendous advantage for Hollywood Tans franchise owners.
A Guaranteed Lease Can Mean Lower Rents
Because Hollywood Tans Corporate guarantees payments through the term of the lease, landlords have less risk than with a non-guaranteed tenant. That puts us in a better negotiating position and can mean lower rents, waived fees, more favorable terms and more generous building allowances.
A Guaranteed Lease Can Mean Better Locations
When Hollywood Tans competes for a prime location, the franchisor's guarantee could make them a more preferred tenant, enabling them to secure more favorable locations.
A Guaranteed Lease Means Hollywood Tans Shares the Risk
There's no such thing as a risk-free investment, whether franchised or otherwise. But Hollywood Tans is one of the rare franchise companies willing to put a signature right next to yours on your lease. That shows the confidence Hollywood Tans has in the strength of their franchisees, their confidence in their site selection process, and their confidence in the strength of the Hollywood Tans concept... now and in the future.
The best way to discover whether the Hollywood Tans franchise is the opportunity for you is to attend a Hollywood Tans Discovery Day. Click on here for more information and a list of upcoming dates.
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