Elizabeth Grady vs Mirage Tanning Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Elizabeth Grady vs Mirage Tanning Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Elizabeth Grady Franchise
Mirage Tanning Centers Franchise
Investment $300,000$126,000 - $286,000
Franchise Fee $35,000$20,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 1975-
Year Franchised 1981-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Elizabeth Grady Franchise
Mirage Tanning Centers Franchise
Experience --

Financing Options

 
Elizabeth Grady Franchise
Mirage Tanning Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Elizabeth Grady Franchise
Mirage Tanning Centers Franchise
Training --
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
Operations 25% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 6

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans

 
Elizabeth Grady Franchise
Mirage Tanning Centers Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Elizabeth Grady

Elizabeth Grady provides an innovative approach to beauty and skin health through our products, services, schools and franchises. The expertly trained estheticians, massage therapists and make-up artists at our many locations will prescribe the worlds best face care products and treatments that are right for you.
At the Elizabeth Grady Schools, we also educate and nurture the next generation of highly-qualified professionals.

About Mirage Tanning Centers

Mirage Tanning Centers was established with the intent of creating the highest level of service, convenience, and customer satisfaction possible in the tanning industry. After a combined 31 years in the business with corporate and franchise locations in multiple states the concept is proven. The Mirage pledges to continue offering the same level of service and devotion that started with the very first location. Our franchise development team will assist you with the following: * Market feasibility study * Professional Consultation * Financing * Site Selection * Customized Design * Construction * Computerized Equipment As a Mirage Tanning franchisee, you also benefit from: * Combined Purchasing Power * Management Training * Manuals and Information Systems * Corporate Marketing * On-Going Support We certainly appreciate your interest in the " Mirage Tanning Centers " and we pledge our full support in helping you achieve your business goals.