Day spa and tanning franchise Planet Beach has launched a new spa design to be rolled out across 90 per cent of its locations within the next three years, with a financing package provided by the company to help franchise owners through the transition.

Planet Beach aims to develop 30 to 40 new locations in 2013 - its largest year of growth in its 17-year history - and the purpose of the design makeover is to attract new franchise owners in new and existing markets.

Partnering with Nexus Financial Group, finance options will be available for existing franchise owners to transition to the new design and upgrade old equipment or technology, and a second finance package will be available for new franchise locations.

Planet Beach chief executive Stephen Smith said: "Being able to offer financing options to help current and prospective franchise owners is a tremendous growth opportunity for our company."