Tanco vs European Wax Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Tanco Franchise
European Wax Centers Franchise
Investment $386,000 - $844,000$359,660 - $564,515
Franchise Fee N/A$45,000
Royalty Fee -6%
Advertising Fee -3%
Year Founded 19941975
Year Franchised 20011975
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Tanco Franchise
European Wax Centers Franchise
Experience -* 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
 
Tanco Franchise
European Wax Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Tanco Franchise
European Wax Centers Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Tanco Franchise
European Wax Centers Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Tanco

Tanco is a Superstore concept that provides the ultimate in tanning convenience and service options (including Mystic Tan) to its clients.
At Tanco we take pride in delivering 5 star service each time clients come in to our establishments. Our passionate team is committed to providing the best overall value with state-of-the-art equipment and outstanding locations.  Tanco promotes tanning in moderation without overexposure, using premium skin care products and educate each of our clients with complete tanning knowledge. promote tanning in moderation without overexposure, using premium skin care products and educate each of our clients with complete tanning knowledge.

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.