Question 1

How many GLO Tanning franchise locations are there?

Accepted Answer

GLO Tanning currently has 82 total units, including 77 franchised locations and 5 company-owned locations.

Question 2

Is the GLO Tanning franchise system growing or shrinking?

Accepted Answer

GLO Tanning has experienced positive net growth of +43.9% over the past year, with a 3-year compound annual growth rate (CAGR) of +27.0%.

Question 3

What is the franchise vs. company-owned ratio for GLO Tanning?

Accepted Answer

GLO Tanning has a franchise ratio of 94%, meaning 94% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many GLO Tanning franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), GLO Tanning had 32 units opened and 0 units closed.