low-cost franchise opportunity

Waxing the City® offers a low-cost franchise opportunity in the salon industry and across other industries. Our initial franchise fee and ongoing weekly royalties are lower-cost than our competitors, lowering the barrier of entry for studio ownership.

low initial investment

The total investment necessary to begin operation of your Waxing the City studio is between $108,215

and $491,425. This includes an initial franchise fee of $20,000 to $30,000 for a new franchisee. Based on your budget and cash flow, your upfront costs can be minimized by leasing furnishings and equipment and spreading your build-out costs into your monthly lease (although this may increase your rent).

Our Franchise Disclosure Document (FDD) provides you with in-depth information regarding the costs and expenses you can plan to incur when developing a Waxing the City studio. These estimates are based upon the actual experience of us and our franchisees, but they can vary by area of the country and market.


controlling expenses

A key business strategy with Waxing the City® is to keep your expenses low. With our simple—yet upscale—interior design, you may not have to spend as much on leasehold improvements as with comparable franchises. Expenses will vary, but our streamlined operations process may help you shave other costs.


royalty roll-down for top performers

With Waxing the City, your royalty fee of 6% of gross revenues per week is already lower than other similar franchises. But it gets even better. We believe studios that hit certain weekly sales thresholds and consistently meet our compliance requirements should be rewarded. If your studio meets the mark, your royalty fee could go as low as 5% of gross revenues per week.


simplified advertising and marketing fee

We also keep expenses down by simplifying our general advertising and marketing contribution to one weekly fee of 2% of gross revenues, rather than breaking out national and local fees on their own.


capital requirements

The following is an example of average upfront costs: {Figures from FDD distributed 3/17.}

Type of Expenditure
(Note 1)
Amount:
Low to High Range
Method of Payment When Due Payable To

Initial Franchise Fee
(Note 2)

$6,600 to $30,000

Lump sum

Upon signing franchise agreement

Us

Travel and Living Expenses While Training
(Note 3)

$1,600 to $5,350

As incurred

Before opening

Airlines, hotels, restaurants

Real Estate and Leasehold Improvements
(Note 4)

$38,600 to $234,600

Varied times

Varied times

Landlord and building contractor

Architect/Design Fees
(Note 5)

$855 to $8,325

As specified in contract

At time of design

Architect

Furniture, Fixtures, and Equipment
(Notes 6 and 7)

$15,000 to $49,000

As agreed

Varied times

Us or vendors

Office Supplies
(Note 8)

$3,000 to $3,800

As agreed

Varied times

Us or vendors

Technology Expenses and Licenses
(Note 9)

$6,300 to $21,950

Lump sum

Before opening

Us, our affiliate and vendors

Signage
(Note 10)

$3,700 to $22,200

Lump sum

Before opening

Us or Vendors

Initial Inventory
(Note 11)

$2,200 to $7,200

As agreed

At delivery

Us or vendors

Grand Opening Advertising
(Note 12)

$7,500 to $25,000

Lump sum

Before opening

Us or vendors

Insurance

$660 to $2,400

As incurred

Varied times

Third parties

Miscellaneous Expenses
(Note 13)

$4,200 to $8,600

As agreed

Varied times

Vendors

Additional Funds and Working Capital for First 3 Months
(Note 14)

$18,000 to $73,000

As incurred

Varied times

Vendors or third parties

Total Ranges:
(Note 15)

$108,215 to $491,425