Tanco vs Sol'exotica Tanning Salon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tanco vs Sol'exotica Tanning Salon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tanco Franchise
Sol'exotica Tanning Salon Franchise
Investment $386,000 - $844,000$70,000 - $150,000
Franchise Fee N/A$20,000
Royalty Fee -6%
Advertising Fee -N/A
Year Founded 19941994
Year Franchised 20012007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Tanco Franchise
Sol'exotica Tanning Salon Franchise
Experience --

Financing Options

 
Tanco Franchise
Sol'exotica Tanning Salon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Tanco Franchise
Sol'exotica Tanning Salon Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Tanco Franchise
Sol'exotica Tanning Salon Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Tanco

Tanco is a Superstore concept that provides the ultimate in tanning convenience and service options (including Mystic Tan) to its clients.
At Tanco we take pride in delivering 5 star service each time clients come in to our establishments. Our passionate team is committed to providing the best overall value with state-of-the-art equipment and outstanding locations.  Tanco promotes tanning in moderation without overexposure, using premium skin care products and educate each of our clients with complete tanning knowledge. promote tanning in moderation without overexposure, using premium skin care products and educate each of our clients with complete tanning knowledge.

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