Elizabeth Grady vs Skoah Franchise Comparison

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

Start-Up Costs and Fees

 
Elizabeth Grady Franchise
Skoah Franchise
Investment $300,000$260,000 - $412,700
Franchise Fee $35,000$49,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19752019
Year Franchised 19812020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Elizabeth Grady Franchise
Skoah Franchise
Experience --

Financing Options

 
Elizabeth Grady Franchise
Skoah 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
Skoah 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
Skoah Franchise
US Expansion -Yes
Canada Expansion NoYes
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 Skoah

"skoah
Skoah is a first to market, facials-only franchise that is poised to revolutionize the $11 billion American skin care industry. Wildly popular in Canada for nearly two decades,Skoah has grown to become what Vogue magazine calls “the coolest skincare line in Canada.” By focusing solely on facials, Skoah has become a specialized leader in “personal training for your skin.” Skoah customers sign up for memberships that allow them to get affordable, hour-long facials once a month and an education in personalized skin care designed to deliver best results, as well as earn discounts on Skoah’s proprietary product line of more than 70 items. With several thriving locations in the United States, Skoah is ramping up for a rapid expansion across the nation. We’re actively seeking entrepreneurs who have a passion for skin care and a commitment to their local communities to get in on the ground floor of the most exciting opportunity to hit the American beauty industry in a long time.

The total investment necessary to begin operation of a SKOAH® franchise is approximately from $260,000 to $412,700. This includes approximately $56,000 that must be paid to the franchisor or their affiliates.
If you are acquiring the right to open multiple locations under a development agreement, instead of paying the franchisor the $49,500 initial franchise fee you will pay to the franchisor an amount ranging from $89,500 to $298,500 for the right to develop between two and ten units.