
Waxxpot
At Waxxpot, we’re dedicated to helping everyone feel their best by delivering the smoothest skin possible. We believe that when our guests feel great about themselves, they return more frequently, driving the success of our franchisees. Our mission is straightforward yet powerful: to boost confidence through our fun, fast, and fanatical hair removal services. Waxxpot franchisees enjoy the benefits of a business model that consistently delivers high returns. In our 2024 FDD, salons report top-line revenues in the millions, with 75% of locations achieving profit margins between 24% and 39%. This financial performance, coupled with our compact footprint and minimal staffing requirements, means studios can quickly achieve positive cash flow and long-term profitability. In a rapidly growing industry, Waxxpot is uniquely positioned to capitalize on the increasing demand for hair removal services. The global hair removal market is set to nearly double in size by 2032. With only one major competitor capturing just 5% of the market, Waxxpot is poised to expand significantly, offering a rare opportunity to capture substantial market share in an industry ripe for growth. What sets Waxxpot apart is our unique business model designed for stability and profitability. Our gentle, exclusive soft wax formula allows for quicker, more effective treatments, leading to higher customer satisfaction and repeat business. The streamlined operational model, requiring only a small, dedicated team, makes Waxxpot an ideal franchise for executive ownership, with low overhead costs and high-profit margins. Choosing Waxxpot means stepping into a business that not only aligns with the growing trends in self-care but also offers the financial freedom and time ownership that franchisees seek. Whether you're looking to build something you can sell, pass on as a legacy, or simply enjoy the benefits of a stable, profitable business, Waxxpot provides the platform to achieve your goals.
Your franchise match score
Brand highlights
- CEODaniel Sadd
- Headquarters629 North High Street, Columbus, OH, 43215
- Year founded2014
- Year started franchising2020
- Industry
- Locations open22 (+11 last three years)
Statistics & metrics
- Investment range$233,150 - $449,000
- Franchise fee$49,500
- Royalty6%
- Brand fund2%
- Required Liquid Capital$250,000
- Required Net Worth$500,000
- Average Gross Sales $610,818.01
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-25
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Waxxpot, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Waxxpot franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Waxxpot franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Waxxpot franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Waxxpot. | |
| Financial Performance Representations | Review any financial performance information Waxxpot provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 22 |
| Franchise locations | 8 |
| Corporate locations | 14 |
System growth over time
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