Elizabeth Grady vs Intelligent Tanning System Franchise Comparison

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

Start-Up Costs and Fees
 
Elizabeth Grady Franchise
Intelligent Tanning System Franchise
Investment $300,000N/A
Franchise Fee $35,000N/A
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
Intelligent Tanning System Franchise
Experience --

Financing Options
 
Elizabeth Grady Franchise
Intelligent Tanning System 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
Intelligent Tanning System 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)

-

Expansion Plans
 
Elizabeth Grady Franchise
Intelligent Tanning System 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 Intelligent Tanning System

The primary growth engine in the indoor tanning industry consists of the niche areas of sunless and specialized UV. This is where we focus our business. Our current product line offers three automated sunless machines. Of the more than 25,000 businesses in the United States that offer tanning services, which generate more than $5 billion in sales annually, estimates show less than 15% offer automated sunless services (because the technology is still relatively new). This is why the automated sunless industry is the fastest growing segment of the indoor tanning business. In addition to our state-of-the-art sunless systems, we hold the pioneering patent on UV light emitting diode (LED) tanning devices, which are currently under development. For efficacy and efficiency reasons, UV LED tanning devices will ultimately entirely replace the standard UV bulb technology that has been in use for the past 15 years. This is truly cutting-edge technology.