Waxxpot franchise fees for 2024:
Single Unit Investment Range: $233,150 - $446,500
Minimum Net Worth: $500,000 / Liquidity: $250,000
Franchise Fees:
1 Unit: $49,500
2 Units: $42,000
3 Units: $38,000
4 Units: $36,000
5 Units: $34,000
6 Units: $32,000
7 Units: $30,000 for all remaining
Royalty: 6%
Brand Fund: 2%
Item 19 Earnings Claims:
Average Revenue Across 12
Locations -
Four Quartiles
75% of Reported Studios Showing 24%-39% Margins
First Quartile -
Avg Revenue $1,104,618.21
Second Quartile -
Avg Revenue $583,818.82
Third Quartile -
Avg Revenue $445,213.45
Fourth Quartile -
Avg Revenue $309,621.57
Average Number of Employees: Generally, 1-2 Front Desk
receptionists & 4-6 Waxing Technicians (start-up staffing),
with additional staff added trhough business ramp.
Passive Ownership: No
E2/Visa Candidates: No
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes; 10% off initial fee
Yes. Waxxpot is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
No. Waxxpot is not a home based franchise opportunity.
Click here to find out how much Waxxpot franchisees make. Waxxpot offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Yes. Waxxpot is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Yes. Waxxpot franchise does offer a veteran discount.
No. Waxxpot franchise does not work with E2 Visa and EB-5 Visa candidates.
No. Waxxpot franchise is not looking for Canada franchisees.
No. Waxxpot franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.