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 |
Investment |
$300,000 | $260,000 - $412,700 |
Franchise Fee |
$35,000 | $49,500 |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
1975 | 2019 |
Year Franchised |
1981 | 2020 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | Yes |
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 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.