Tan Company, The vs Skoah Franchise Comparison

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

Start-Up Costs and Fees
 
Tan Company, The Franchise
Skoah Franchise
Investment $386,700 - $844,000$260,000 - $412,700
Franchise Fee $25,000$49,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19942019
Year Franchised 20012020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $500-


Business Experience Requirements
 
Tan Company, The Franchise
Skoah Franchise
Experience --

Financing Options
 
Tan Company, The Franchise
Skoah Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Tan Company, The Franchise
Skoah Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Tan Company, The Franchise
Skoah Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

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.

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.