LunchBox (A Waxing Salon)

At a Glance

Products & Services: Body waxing

Number of Locations: 6

Total Investment: $136.3K - $312K

Founded: 2010

Began Franchising: 2013

Franchise Units

Year U.S. Canadian International Company Owned
2014 4 0 0 2
2013 1 0 0 2
2012 0 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $136,348 - $312,048
Franchise Fee: $40,000 - $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $100,000
Operations
75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 8. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Social media

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