Sol'exotica Tanning Salon vs European Wax Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sol'exotica Tanning Salon vs European Wax Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$70,000 - $150,000 | $359,660 - $564,515 |
Franchise Fee |
$20,000 | $45,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
N/A | 3% |
Year Founded |
1994 | 1975 |
Year Franchised |
2007 | 1975 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
Yes | - |
International Expansion |
- | - |
Company Overviews
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
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.
#56 in Franchise 500 for 2020.
#49 in Franchise 500 for 2021.