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Below is an in-depth analysis and side-by-side comparison of Celsius Tannery vs European Wax Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $265,000 - $598,500 | $359,660 - $564,515 |
Franchise Fee | $20,000 | $45,000 |
Royalty Fee | 1% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1995 | 1975 |
Year Franchised | 2000 | 1975 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $4K | - |
Business Experience Requirements |
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Experience | - | * We are looking for energetic , creative , hard working individuals that will embrace our philosophy , policies ,procedures and programs that have already proven effective . * We are searching for those that have a craving for success . * Detail oriented people that see a vision and know that there is always room for change and improvement . * People who believe that education , continuous evaluation and recognition are key tools in the success of any organization . * Individuals who are inspired by and can participate in new ideas , suggestions and comments . |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 15
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Currently based in the Kansas City area, Celsius Tannery recently signed an agreement with Wal-Mart to open franchised salons in Wal-Marts across the country.