Waxxpot
The Waxxpot franchise allows operators to establish and run locations offering body and facial waxing services for men and women, including brows to Brazilians, along with other beauty and personal care services and related product sales under the WAXXPOT® trademark. The business model revolves around a proprietary system providing training, operations manuals, marketing, and standards to ensure consistent high-quality service in the competitive beauty industry. The target market is the general public seeking professional hair removal and personal care services year-round.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% branding + 1% technology + $450-$650/mo bookkeeping/accounting
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on 3 franchisee-owned salons (Salons 9, 11, and 12) from the provided tables.
* Calculated `average_gross_revenue` from the Gross Revenue of the 3 franchisee-owned salons (Salons 9, 11, and 12) specified on Page 3. Calculated `median_gross_revenue` from the sorted Gross Revenue of the same 3 franchisee-owned salons. `revenue_top_quartile` and `revenue_bottom_quartile` are set to null as the provided quartile summary table includes corporate and affiliate-owned units, and with only 3 franchisee units, clear quartiles cannot be formed. `average_ebitda` was calculated from the 'Adj. EBITDA' figures of the 3 franchisee-owned salons. `ebitda_margin_pct` was calculated as `average_ebitda` / `average_gross_revenue`. `average_gross_profit`, `average_net_income`, and `average_net_profit` are set to null because the document explicitly states that the 'Total Expenses' listed do not include all operating and non-operating costs and expenses necessary to obtain net income or profit, making an accurate calculation impossible. `best_guess_profit_low` and `best_guess_profit_high` are set to null for the same reason of incomplete expense disclosure, as any guess would be unreliable.
Extracted Item 19 Section
How Waxxpot Compares to Other Beauty & Spa Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Waxxpot Current | $233K - $447K | $50K | 6.0% | 8 |
| SPORTS CLIPS (SINGLE UNIT) | $289K - $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K - $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K - $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K - $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K - $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 45 franchises | $397K - $729K | $49K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Waxxpot franchisees (2022 - 2023)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Waxxpot franchise?
The total initial investment to open a Waxxpot franchise ranges from $233,150 to $446,500. This includes a franchise fee of $49,500. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a Waxxpot franchise make?
According to the 2024 FDD, the average gross revenue for a Waxxpot franchise is $323,466.26. The median revenue is $352,800.52.
How many Waxxpot franchise locations are there?
As of the 2024 FDD, Waxxpot has 8 franchise locations. The company has been franchising since 2020.
Can you get an SBA loan for a Waxxpot franchise?
Yes, SBA loans are available for Waxxpot franchises. Historical data shows 3 SBA 7(a) loans have been approved for Waxxpot franchisees, with an average loan amount of $298,333. The historical default rate is 0.0%.
Is Waxxpot a good franchise to buy?
Waxxpot shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Waxxpot?
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