LunchboxWax Franchise Cost and Requirements for 2022

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.