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Updated RecentlyElizabeth Grady vs L.A. Tan Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elizabeth Grady vs L.A. Tan including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $300,000 | $237,850 - $594,400 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1975 | 2001 |
| Year Franchised | 1981 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
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/No | -/- |
| 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 | - |
| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Elizabeth Grady
About L.A. Tan
L.A. Tan is the fastest growing and most successful tanning salon chain in the U.S. The company's entry in spa and strategic alliances with its vendors has put L.A. Tan far ahead of its competitors.L.A. Tan has established a successful franchising model for its tanning business. The corporate management team, the brand name and the guidance of its CEO, gives each franchisee all the tools that are needed to bring success to their business. L.A. Tan offers an exciting and profitable business opportunity for those who want to become business owners or for those who are just looking for additional sources of income. Its plan is designed to be an "absentee owner" business model. This means, that instead of spending all of their time in the salon helping customers and performing labor duties, the franchisees will have more free time to explore more enjoyable interests. The goal of the company is that all the franchisees should have an enjoyable, profitable, and exciting entrepreneurial venture.