
Lay Bare Waxing Salon
Sugaring, eyebrow threading, body facials- 2023 Franchise 500 Rank
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N/R Not ranked last year
- Initial investment
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$123K - $271K
- Units as of 2020
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133 33.0% over 3 years
Company Overview
About Lay Bare Waxing Salon
Industry | Personal-Care Businesses |
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Related Categories | Miscellaneous Personal-Care Businesses, Miscellaneous Services, Waxing |
Founded | 2006 |
Parent Company | Lay Bare Waxing Salon |
Leadership | Fiona Hilario, Managing Member |
Corporate Address |
12265 Ventura Blvd., #203 Studio City, CA 91604 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2008 (15 years) |
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# of employees at HQ | 8 |
Where seeking |
This company is offering new franchisees in the following US states: |
# of Units | 133 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Lay Bare Waxing Salon franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
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$20,000 |
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Initial Investment
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$122,600 - $270,900 |
Net Worth Requirement
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$100,000 - $500,000 |
Cash Requirement
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$100,000 - $300,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
2-3% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Lay Bare Waxing Salon has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 56 hours |
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Classroom Training | 24 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
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No |
Can this franchise be run part time?
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No |
# of employees required to run | 3-5 |
Are exclusive territories available?
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Yes |
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