Elizabeth Grady vs Tropi Tan Franchise Comparison

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

Start-Up Costs and Fees
 
Elizabeth Grady Franchise
Tropi Tan Franchise
Investment $300,000$191,500 - $380,000
Franchise Fee $35,000$25,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19751979
Year Franchised 19811986
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Elizabeth Grady Franchise
Tropi Tan Franchise
Experience --

Financing Options
 
Elizabeth Grady Franchise
Tropi Tan Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Elizabeth Grady Franchise
Tropi Tan Franchise
Training --
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
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
Tropi Tan Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

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 Tropi Tan

Thank you for your interest in a Tropi Tan franchise! The tanning industry is a fun and exciting field waiting for energetic, enthusiastic and success-driven entrepreneurs. Tropi Tan is poised to help you take the necessary steps toward business success! We’ve been in business since 1979 and we know the tanning industry! The relationships we’ve cultivated with industry leaders and product vendors over the past years will secure you with the most advanced equipment, training and support. As you embark on this new adventure, you’ll have the security of a well-established and proven system that supports you in all facets of your business, before and after opening.