Executive Tans vs Tan Company, The Franchise Comparison

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

Start-Up Costs and Fees

 
Executive Tans Franchise
Tan Company, The Franchise
Investment $125,000 - $499,000$386,700 - $844,000
Franchise Fee $25,000$25,000
Royalty Fee $795/mo.6%
Advertising Fee --
Year Founded 19911994
Year Franchised 19952001
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $500$500


Business Experience Requirements

 
Executive Tans Franchise
Tan Company, The Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Executive Tans Franchise
    Tan Company, The Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Executive Tans Franchise
    Tan Company, The Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 14% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is allowed. (81% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Executive Tans Franchise
    Tan Company, The Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Executive Tans

    Wayne Smeal opened the first Executive Tans in Denver in 1991. The company now operates salons throughout the Southwest that offer customers tanning services and massages as well as swimwear and tanning products.

    About Tan Company, The

    In 1994, Todd Beckman made the decision to focus his efforts entirely on the tanning side of business and opened The TAN Company. What began as an “add-on” to a hair salon, grew to over 50 independent, single-focus tanning salons operating in 7 states!

    With equipment continually changing and skin care products improving every year, it is imperative to stay informed. It is only as an expert can you satisfy the desires of current and future tanners.

    One of the most valuable benefits to owning a Tanco franchise is our expertise in this industry. We monitor trends, continually test new products, and keep you aware of even the smallest of details to ensure your success. Because we have already overcome obstacles and learned from our mistakes, you don’t have to face unnecessary challenges when beginning your own entrepreneurship.

    We have achieved our level of success only through the efforts of the outstanding corporate team. Many of the individuals on our corporate staff own at least one Tanco franchise location. Because of this, we all have a personal stake in the future of this company and are constantly looking for ways to improve. Our entire corporate team, the majority of whom started in our tanning salons, is made up of individuals who have a desire for perfection, a determination to succeed and a dedication to this company that is unmatched at any other company in America.

    When you invest in Tanco you gain much more than a business, you become a part of the Tanco family. There is a saying that you can’t choose your family, but I must disagree. Our family - our franchisees as well as our corporate staff - has been carefully selected to ensure our future success. We make sure that every member of our family has what it takes to help Tanco reach the highest levels of success.