SUGARING NYC

Item 7 lays out the single-unit investment from $138,750 to $293,200, covering $45,000 franchise fee (Item 5), build-out, equipment, and initial inventory for salons offering sugaring, lash lifts, and optional laser services. Ongoing fees hit 5% royalties plus 1% ad fund (Item 6), plus $500-$550 monthly for POS, bookkeeping, and social media—totaling around 6-7% of sales effectively. Without Item 19, there's no disclosed average revenue or profit, a red flag in beauty services where margins can swing wildly based on location traffic; this forces reliance on FDD Item 20 metrics and external signals like 33 SBA loans averaging $224,094, suggesting banks view it as financeable.

System health shines with 124 franchise locations plus 8 corporate, up 13% from 108 to 122 units between 2023-2024 (Item 20), projecting 20 new units amid just 9 terminations—low churn for a 2017 starter. A single litigation note involves a refund dispute over a non-refundable fee for an unopened spot, not systemic. For investors eyeing beauty/spa, the sub-$300K entry beats many peers, growth trajectory impresses, but no earnings data means vetting existing owners hard; SBA volume implies viable cash flow for many, positioning Sugaring NYC as accessible if you stomach the opacity.