LunchboxWax

At LunchboxWax, we make it our mission to help people achieve smooth skin and beautiful brows in mere minutes. We are a full-service, speed-waxing salon that caters to both men and women who are selective when it comes to personal care.

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LunchboxWax Franchise Cost and Requirements for 2022

Background

Industry Trends
The Hair Removal industry provides consumers with a variety of procedures and treatments that address many hair care needs. Over the five years to 2017, industry revenue is expected to grow an annualized 12.9% to $1.9 billion, including a 6.8% increase in 2017 alone as growth moderates after substantial postrecessionary gains. Industry operators can attribute recent growth to the rising emphasis consumers have placed on physical appearance. This focus has transitioned industry services from purely cosmetic, discretionary treatments to procedures deemed necessary for general personal upkeep. Aging males seeking hair loss treatment and females seeking hair removal services dominate industry demand. The largest source of growth for the industry, however, has been from temporary hair removal services, which typically earn higher margins due to their minimal capital costs. Therefore, during the five-year period, profit margins are expected to increase from 8.5% of revenue in 2012 to 9.2% in 2017.

Why LunchboxWax
Because waxing is all we do, our carefully selected and expertly trained waxologists are masters of their craft. For guests, this translates to unparalleled services in a one-of-a-kind setting. For franchisees, it means loyal, happy clientele. LunchboxWax currently has 40 locations in 12 states and we are actively looking for single unit, multi-unit and master licensees to grow our brand nationwide.

Company Details

Established: 2011
First Unit Franchised: 2013
Franchised Units: 45
Company Owned Units: 2
States Registered In: All Registration States 
Canada Franchises: No
International Franchises: No

Support and Training Offered By LunchboxWax

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Training and Development is our culture! We provide 5 separate training programs for each tier; Franchise Owner, Salon Director, Area Trainer, Manager and Waxlogists. We provide comprehensive training by combining classroom and on the job training with online training through LunchboxWax University, which provides our Franchise Owners with all the tools and resources they need to build a strong foundation that assists with employee retention.

2022 Franchise Requirements Needed to Own a LunchboxWax Franchise.

What does a LunchboxWax Franchise Cost?

LunchboxWax franchise fees for 2022:

Cash Investment: $125,000
Total Investment: $363,910 - $510,145
Minimum Net Worth: $400,000
Franchise Fee: Single: $49,500 3pk: $125,000 5pk: $175,000 
Royalty: 6%
Ad: 3%
Average Number of Employees: 6-12
Item 19: No
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, 20%

Is LunchboxWax a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. LunchboxWax is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is LunchboxWax a Home Based franchise?

No. LunchboxWax is not a home based franchise opportunity.

What Do LunchboxWax Franchise Owners Make?

This information is not available. LunchboxWax does not offer an Item 19 in their Franchise Disclosure Document.

Is LunchboxWax a Master Franchise Opportunity?

No. LunchboxWax is not a master franchise opportunity.

Does LunchboxWax Offer a Veteran Discount?

Yes. LunchboxWax franchise does offer a veteran discount.

Does LunchboxWax Work with E2 Visa and EB-5 Visa Candidates?

Yes. LunchboxWax franchise does work with E2 Visa and EB-5 Visa candidates.

Is LunchboxWax Looking for Franchisees in Canada?

No. LunchboxWax franchise is not looking for Canada franchisees.

Is LunchboxWax Looking for International franchisees?

No. LunchboxWax franchise is not looking for International franchisees.

Additional Information

Additional Categories

Hair Care & Beauty Salons, Health, Beauty & Nutrition

Number of Units Open

20-50 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

LunchboxWax Franchises for Sale

Click Here to inquire about existing LunchboxWax franchises for sale. We may have LunchboxWax franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.