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Franchise: Waxing the City

|
Initial Investment
LOW:$121,925
HIGH: $451,775
Change in Units
+107.4% +29 UNITS (1 Year)
+600.0% +48 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
Regional Media

Training Onsite: 20 hours

Training at headquarters: 80 hours

Absentee Ownership Allowed

Number of employees required to run: 8 - 12

Founded

2003

Franchising Since

2010 (7 Years)

Corporate Address

111 Weir Dr. Woodbury, MN 55125

CEO

Chuck Runyon

Parent Company

Self Esteem Brands

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$121,925 - $451,775

Net-worth Requirement

$350,000

Liquid Cash Requirement

$120,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Waxing the City has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$7,500 off franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 6th, 2017

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