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Updated RecentlyElizabeth Grady vs Tanco Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Elizabeth Grady vs Tanco including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $300,000 | $386,000 - $844,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1975 | 1994 |
| Year Franchised | 1981 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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) | - |
Expansion Plans |
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| 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 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.