Elizabeth Grady vs Hollywood Tans Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Elizabeth Grady vs Hollywood Tans including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Elizabeth Grady Franchise
Hollywood Tans Franchise
Investment $300,000$269,500
Franchise Fee $35,000$34,500
Royalty Fee 6%7%
Advertising Fee --
Year Founded 19751994
Year Franchised 19811998
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Elizabeth Grady Franchise
Hollywood Tans Franchise
Experience --

Financing Options

 
Elizabeth Grady Franchise
Hollywood Tans Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Elizabeth Grady Franchise
Hollywood Tans Franchise
Training --
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad slicksCo-op advertising, Ad slicks, National media, Regional advertising
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)

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Expansion Plans

 
Elizabeth Grady Franchise
Hollywood Tans Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesYes

Company Overviews

About Elizabeth Grady

Elizabeth Grady provides an innovative approach to beauty and skin health through our products, services, schools and franchises. The expertly trained estheticians, massage therapists and make-up artists at our many locations will prescribe the worlds best face care products and treatments that are right for you.
At the Elizabeth Grady Schools, we also educate and nurture the next generation of highly-qualified professionals.

About Hollywood Tans

Hollywood Tans of Sewell, New Jersey , was incorporated in 1994 and began Franchising in 1998. With about 325 units currently open and a presence in 31 states, they are well-established across the U.S. Clients of Hollywood Tan salons are typically female and range from 18-45 years old, although the mix of people interested in tanning is changing. Where there used to be a much heavier usage among females than males, the current percentage is about 65 percent female and 35 percent male. There are a number of tanning businesses in the U.S. but Hollywood Tans has an edge that makes them unique. They manufacture all of their equipment. We build our tanning beds and booths, as well as our millwork facility, where we fabricate the front counters and display shelves and we even private label all of our tanning lotions. We are a one-stop shop for our franchisees. A Hollywood Tans salon is a little different than most salons in that the majority of units are stand-up booths. They tan faster and better and are more sanitary. You get a more even tan because all the bulbs are an equal distance away. For the salon owner, they are also better because they take up less space and clients take less time to tan, meaning you can increase the number of people you serve. Because the tanning equipment is actually manufactured by Hollywood Tans, the franchisee gets a lifetime warranty. Training also includes trouble-shooting the equipment so an owner will avoid down time.