The Palms Tanning Resort vs European Wax Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Palms Tanning Resort vs European Wax Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Palms Tanning Resort Franchise
European Wax Centers Franchise
Investment $489,750 - $517,000$359,660 - $564,515
Franchise Fee $35,000$45,000
Royalty Fee 6%6%
Advertising Fee 2%3%
Year Founded 20031975
Year Franchised 20031975
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of initial franchise fee-


Business Experience Requirements
 
The Palms Tanning Resort Franchise
European Wax Centers Franchise
Experience
  • General business experience
  • Marketing skills
  • Customer service skills
    		• * 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
     
    The Palms Tanning Resort Franchise
    European Wax Centers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    The Palms Tanning Resort Franchise
    European Wax Centers Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Regional advertising-
    Operations

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    The Palms Tanning Resort Franchise
    European Wax Centers Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About The Palms Tanning Resort

    The Palms Tanning Resort offers the most luxurious tanning beds and products available in the world. It's a unique and exciting tanning franchise concept. By providing an elegant, high-end tanning resort experience to each and every guest, The Palms provides much more than just a tan. The Palms' guests find themselves transformed into a lush, tropical world where their tanning experience helps them escape their everyday lives, and find the tranquility that only The Palms can bring them.

    About European Wax Centers

    European Wax Center began as a department within a second generation family owned salon located in Aventura, FL. The founders, David and Joshua Coba, spent over 10 years refining every aspect of the company before evolving into a stand-alone wax only facility. Today, European Wax Center is recognized by its guests as a premier provider and has evolved into a true multi-location corporate entity with such elite features as a Centralized Guest Reservation Center and a licensed in-house education staff. Our focus is not merely servicing our guests. We strive to create a behind the scenes environment that promotes better work habits, higher sales, increased guest loyalty, easier management, and a well run machine that can virtually operate and grow on its own. At European Wax Center our focal point is P.R.I.D.E. PROVIDE a whole new dimension of franchise RAISE the bar in image, structure, organization, technology, education, guest service and marketing INSPIRE ideas, suggestions and comments DEDICATED to facilitate the relationships within and the continued growth of the entire franchise network EDUCATE, evaluate and recognize. We offer a high-end environment at an extremely competitive price point. Our strong corporate image and brand is well known throughout South Florida as we service thousands of satisfied guests each and every month. Our company has extremely solid footing with regards to systems, structure, organization, state of the art information technology, and associate education. European Wax Center will be awarding franchises to a select number of qualified individuals.

    "Entrepreneur

    #56 in Franchise 500 for 2020.
    #49 in Franchise 500 for 2021.