WAXING THE CITY

WAXING THE CITY

Waxing the City offers franchises for Waxing Studios that provide a premium studio experience focused on body and facial waxing services for men and women, along with related products and services such as skincare, eyelash extensions, beauty, and brow enhancements. Franchisees operate under the Waxing the City trademark and proprietary System, which includes standardized training, operations, memberships, and must remain open 7 days a week, with the franchisor retaining rights to modify offerings. The business model targets the competitive hair removal and beauty enhancement market, serving the general public seeking professional waxing and aesthetic services.

166
Locations
$311K–$646K
Investment
Since 2010
Franchising
ServicesWoodbury, MNPurpose Brands Holdings, LLCwww.waxingthecity.comDisclaimer

Franchise Costs


Franchise Fee
$42,500
Item 5 of FDD
Initial Investment Range
$310,774 $646,420
Low: $310,774High: $646,420
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$799 – $799
Item 6 of FDD

6% royalty + 2% ad fund + $799/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 134 franchised Waxing Studios that were open and operating for the entire 12 month period ended December 31, 2024.

* The average gross revenue for 'All 134 Studios' was directly provided in the 'Total Gross Revenues' table. The average revenues for the top 1/4 and bottom 1/4 quartiles were also directly provided. The document explicitly states that the information disclosed in Item 19 does not reflect the cost of sales, operating expenses, or other costs or expenses needed to calculate net income or profit, thus no profit figures or estimates could be determined.

Extracted Item 19 Section

How WAXING THE CITY Compares


Key Insights

  • Top 10 largest franchise system in Personal Care Services
  • Lower than average SBA loan default rate in Personal Care Services
FranchiseInvestmentFeeRoyaltyLocations
WAXING THE CITY
Current
$311K – $646K$43K6.0%166
COST CUTTERS$184K – $336K$40K5.0%911
COMFORT KEEPERS$120K – $191K$55K5.0%619
PALM BEACH TAN$639K – $1.0M$30K6.0%398
HOUSE OF COLOUR$33K – $52K$30K4.0%312
DRYBAR$410K – $1.0M$50K7.0%176
Personal Care Services Average
20 franchises
$416K – $816K$43K5.9%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Personal Care Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
32
2MN
10
3NJ
9
4CO
8
5PA
7
6NC
7
7GA
6
8IL
6
9TN
5
10FL
5
11LA
5
12WI
4
13CA
4
14IA
4
15WA
4

+20 more states

SBA Loan History


Historical SBA 7(a) loan data for WAXING THE CITY franchisees (20132025)

Total Loans
117
Average Loan
$327,419
Total Volume
$38.3M
Default Rate
6.8%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


199 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

199 Contacts Available

Unlock all WAXING THE CITY franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Breach of non-competition provisions in Franchise Agreement with franchisee.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Thomas Leverton (CEO of parent companies) was CEO of CEC Entertainment, Inc. until February 2020; CEC filed Chapter 11 in June 2020, plan confirmed December 2020.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
15
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
9
Sold to Franchisees
0
Projected New
48

Frequently Asked Questions


The total initial investment to open a WAXING THE CITY franchise ranges from $310,774 to $646,420. This includes a franchise fee of $42,500. Ongoing royalty fees are 6.0% of gross sales.

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