Tan Company, The vs Sol'exotica Tanning Salon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tan Company, The vs Sol'exotica Tanning Salon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tan Company, The Franchise
Sol'exotica Tanning Salon Franchise
Investment $386,700 - $844,000$70,000 - $150,000
Franchise Fee $25,000$20,000
Royalty Fee 6%6%
Advertising Fee -N/A
Year Founded 19941994
Year Franchised 20012007
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $500-


Business Experience Requirements

 
Tan Company, The Franchise
Sol'exotica Tanning Salon Franchise
Experience --

Financing Options

 
Tan Company, The Franchise
Sol'exotica Tanning Salon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Tan Company, The Franchise
Sol'exotica Tanning Salon Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Tan Company, The Franchise
Sol'exotica Tanning Salon Franchise
US Expansion --
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Tan Company, The

In 1994, Todd Beckman made the decision to focus his efforts entirely on the tanning side of business and opened The TAN Company. What began as an “add-on” to a hair salon, grew to over 50 independent, single-focus tanning salons operating in 7 states!

With equipment continually changing and skin care products improving every year, it is imperative to stay informed. It is only as an expert can you satisfy the desires of current and future tanners.

One of the most valuable benefits to owning a Tanco franchise is our expertise in this industry. We monitor trends, continually test new products, and keep you aware of even the smallest of details to ensure your success. Because we have already overcome obstacles and learned from our mistakes, you don’t have to face unnecessary challenges when beginning your own entrepreneurship.

We have achieved our level of success only through the efforts of the outstanding corporate team. Many of the individuals on our corporate staff own at least one Tanco franchise location. Because of this, we all have a personal stake in the future of this company and are constantly looking for ways to improve. Our entire corporate team, the majority of whom started in our tanning salons, is made up of individuals who have a desire for perfection, a determination to succeed and a dedication to this company that is unmatched at any other company in America.

When you invest in Tanco you gain much more than a business, you become a part of the Tanco family. There is a saying that you can’t choose your family, but I must disagree. Our family - our franchisees as well as our corporate staff - has been carefully selected to ensure our future success. We make sure that every member of our family has what it takes to help Tanco reach the highest levels of success.

About Sol'exotica Tanning Salon

Sol'exotica Tanning Salons have been in the tanning industry since 1994. With 12 locations (and growing fast!!!) it has become the tanning destination of choice in the Ontario region. With an ever expanding target market of clients looking not only for a beautiful bronzed look but for a dose of the ever important Vitamin D. Sunbeds make vitamin D naturally. To learn more about the benefits of Vitamin D-just visit any of our salons or call us for information.
-An experienced franchisor and head office team with extensive knowledge in the tanning and retail industries -Leader in the tanning market sectorSol’exotica has the strongest residual EFT (Electronic Funds Transfer) program in the country!
-A proven, successful business model and programs that are sustainable in any geographical market
-Successful operation of the Sol’exotica Brand and Systems since 1996
-Power and value in nationwide branding, recognition, presence and protection
-High-quality, specialized initial training and ongoing support
-The latest in tanning technology and products in an inviting and an attractive work environment
-Site location and lease negotiation assistance
-Signature interior design, layout and décor package
-Most equipment can be leased requiring less up front capital investment