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2021 Franchise 500 Rank
#49 Ranked #56 last year
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Initial investment
$356K - $569K
Units as of 2020
775 20.3% over 3 years

Company Overview

About European Wax Center

Founded
2004
Leadership
David Berg, CEO

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
131
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
775 (as of 2020)

Franchisor Information

Corporate Address
5830 Granite Pkwy.
Plano, TX 75024

Information for Franchisees

Here’s what you need to know if you’re interested in opening a European Wax Center 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
$45,000
Initial Investment
$356,280 - $569,340
Net Worth Requirement
$1,000,000
Cash Requirement
$500,000
Royalty Fee
6%
Ad Royalty Fee
3%
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
European Wax Center has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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
124 hours
Classroom Training
35 hours
Ongoing Support
Newsletter
Meetings & Conventions
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
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
12
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where European Wax Center landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where European Wax Center ranked on other franchise lists? Find out below.

Ranked #49

Franchise 500 Ranking

Ranked #62

Fastest-Growing Franchises

Ranked #53

Fastest-Growing Franchises (U.S. & Canada)

Ranked #1 in Waxing

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021