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The real numbers on owning a Waxing the City franchise
Beauty / Personal Care (Body Waxing Studios) · FDD 2026 · from public state filings
DDisclosure honesty
This franchisor discloses earnings (Item 19) — but read how.
Investment
$339,945–$646,195
Total fees
8% of sales
Outlets
167
Closure signals
0 ceased, 15 terminated
Lawsuits
2
What their own earnings claim actually says
Discloses gross revenues only (avg $478K, median $457K for 138 studios). Explicitly omits all costs, expenses, and net income. No profitability data. Cherry-picks open full-year studios; excludes 15 permanently closed.
Honesty grade D: the disclosed numbers are incomplete or framed to look better than an owner's real take-home.
Failure & turnover reality (Item 20)
15 terminations in 2025 alone; 35 total terminations over 3 years across 133-167 unit system.
Legal history (Item 3)
2 matters disclosed.
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The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.
Franchisor's framing: Discloses gross revenues only (avg $478K, median $457K for 138 studios). Explicitly omits all c…
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Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
Break-even timeline + cash-on-cash ROI on your investment
Full fee stack + required-purchase markups
Decoded real failure / closure rate
How it ranks vs comparable franchises
Validation-call playbook — who to call + the exact questions
The FDD lists a total initial investment of about $339,945–$646,195, including a $42,500 initial franchise fee.
How much do Waxing the City franchise owners make?
Discloses gross revenues only (avg $478K, median $457K for 138 studios). Explicitly omits all costs, expenses, and net income. No profitability data. Cherry-picks open full-year studios; excludes 15 permanently closed. We grade this disclosure D for honesty.
What is the Waxing the City franchise failure rate?
15 terminations in 2025 alone; 35 total terminations over 3 years across 133-167 unit system.
Is a Waxing the City franchise worth it?
It depends on the numbers, not the pitch. Waxing the City scores D on disclosure honesty, carries about 8% of sales in ongoing fees, and discloses 2 legal matters. Get the real owner take-home before you sign.
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Source: MN CARDS 35749-202603-14 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Waxing the City or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.