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Updated RecentlyExecutive Tans vs Sol'exotica Tanning Salon Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Executive Tans vs Sol'exotica Tanning Salon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $125,000 - $499,000 | $70,000 - $150,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | $795/mo. | 6% |
| Advertising Fee | - | N/A |
| Year Founded | 1991 | 1994 |
| Year Franchised | 1995 | 2007 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $500 | - |
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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
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 Sol'exotica Tanning Salon
Sol'exotica Tanning Salons have been in the tanning industry since 1994. With 12 locations (and growing fast!!!) it has become the tanning destination of choice in the Ontario region. With an ever expanding target market of clients looking not only for a beautiful bronzed look but for a dose of the ever important Vitamin D. Sunbeds make vitamin D naturally. To learn more about the benefits of Vitamin D-just visit any of our salons or call us for information.
-An experienced franchisor and head office team with extensive knowledge in the tanning and retail industries
-Leader in the tanning market sectorSol’exotica has the strongest residual EFT (Electronic Funds Transfer) program in the country!
-A proven, successful business model and programs that are sustainable in any geographical market
-Successful operation of the Sol’exotica Brand and Systems since 1996
-Power and value in nationwide branding, recognition, presence and protection
-High-quality, specialized initial training and ongoing support
-The latest in tanning technology and products in an inviting and an attractive work environment
-Site location and lease negotiation assistance
-Signature interior design, layout and décor package
-Most equipment can be leased requiring less up front capital investment