Executive Tans vs Skoah Franchise Comparison

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

Start-Up Costs and Fees
 
Executive Tans Franchise
Skoah Franchise
Investment $125,000 - $499,000$260,000 - $412,700
Franchise Fee $25,000$49,500
Royalty Fee $795/mo.-
Advertising Fee --
Year Founded 19912019
Year Franchised 19952020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $500-


Business Experience Requirements
 
Executive Tans Franchise
Skoah Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Executive Tans Franchise
    Skoah Franchise
      In-House/3rd PartyIn-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
     
    Executive Tans Franchise
    Skoah 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
    Skoah Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 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.