How Much Does a Waxing the City Franchise Cost?

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2026 ITEM 7 INVESTMENT

How much does a Waxing the City franchise cost?

A new U.S. Waxing Studio requires an estimated initial investment of $339,945 to $646,195 under the 2026 Franchise Disclosure Document. The low estimate assumes a leased 1,200-square-foot studio with four treatment rooms; the high estimate assumes a leased 2,000-square-foot studio with six treatment rooms. The range includes $34,600 to $84,660 of Additional Funds and Working Capital for the first three months.

Estimated Initial Investment
$339,945–$646,195

2026 FDD, Item 7, single Waxing Studio, pp. 20–23. The disclosed total includes the standard $42,500 Initial Franchise Fee and $136,042 to $170,242 payable to Waxing the City Franchisor LLC or its affiliates. It does not include land acquisition, a freestanding building, financing charges, interest, or debt service.

Legal franchisor
Waxing the City Franchisor LLC, an indirect wholly owned subsidiary within Purpose Brands Holdings, LLC.
Disclosure basis
Franchise Disclosure Document issued March 31, 2026; Items 5, 6, 7, 8, 10, 11, and 17.
Formats analyzed
Single Waxing Studio and Area Development Agreement for three, five, or more Waxing Studios.
Information checked
July 17, 2026. The franchisor does not publish a matching 2026 FDD on its public franchise-controlled website, so FDD Item and page references below are unlinked.

The brand’s official U.S. franchise information confirms that Waxing the City remains offered as a studio franchise. Its current public financial page contains older investment figures, so the March 31, 2026 FDD is the controlling source for the cost ranges in this article.

SOURCE CONFLICT The official investments and markets page displayed an older total-investment range when checked on July 17, 2026. Use the 2026 FDD’s $339,945–$646,195 range and ask the franchisor to reconcile any public-page difference before signing.
CAPITAL SNAPSHOT

Which cost figures matter most before you budget?

The total investment, Initial Franchise Fee, Additional Funds, ongoing Royalty Fee, and financial qualification thresholds answer different questions. They should not be treated as interchangeable amounts.

Initial Franchise Fee $42,500 Standard new-franchisee fee, due in full when the Franchise Agreement is signed.
Additional Funds $34,600–$84,660 Included in Item 7; covers the first three months of operations.
Royalty Fee 6% or $100/week Greater of 6% of Gross Revenue or the Minimum Royalty Fee.
Technology Fee $799/month Current fee; subject to a compounded, cumulative annual increase of 10%.
Liquid Capital $150,000 Current threshold shown on the official investments page; not an Item 7 total.
Net Worth $350,000 Current official-site threshold; net worth is not cash available to invest.
BUYER VERIFICATION The official investments page lists $150,000 minimum liquid capital, while the official inquiry form says candidates typically need more than $100,000. Confirm the current liquid-capital test, permitted borrowed funds, and any multi-unit requirement in writing. The public page separately lists $350,000 minimum net worth.
WHAT ITEM 7 INCLUDES

Where does the initial investment go?

Premises and construction are the largest sources of variation. The 2026 FDD estimates Leasehold Improvements at $114,200 to $277,720, a spread of $163,520 between the low and high studio assumptions.

Premises, design, and equipment

Item 7 category 2026 range When paid FDD reference
Leasehold Improvements $114,200–$277,720 Varied times before opening Item 7, p. 20
Three Months’ Rent and Security Deposit $18,200–$30,300 Monthly Item 7, p. 20
Construction Management Fees $0–$12,500 Before opening Item 7, pp. 20–21
Architect/Design Fees $11,085–$21,530 At the time of design Item 7, pp. 20–22
Furniture, Fixtures and Equipment $39,405–$59,809 At varied times Item 7, pp. 20–22
Interior and Exterior Signage $16,500–$34,800 Before opening Item 7, pp. 20–22

Fees, opening inventory, marketing, and working capital

Item 7 category 2026 range When paid FDD reference
Initial Franchise Fee $42,500 Upon signing the Franchise Agreement Item 7, p. 20
Travel and Living Expenses While Training $1,395–$2,640 As incurred during training Item 7, pp. 20–21
Office Supplies $3,500–$4,500 At varied times Item 7, p. 20
Technology Package and Licenses $13,084–$25,806 Before opening Item 7, pp. 20–22
Initial Retail Inventory $5,578–$6,108 At delivery Item 7, pp. 20–22
Initial Waxing Supply Inventory $8,078–$8,372 At delivery Item 7, pp. 20–22
Grand Opening Advertising $25,000 Before opening and during the ramp-up period Item 7, pp. 20–22
Insurance $2,550–$2,850 At varied times Item 7, p. 20
Miscellaneous Expenses $4,270–$7,100 At varied times Item 7, pp. 20–22
Additional Funds and Working Capital for First Three Months $34,600–$84,660 As incurred Item 7, pp. 21–23
EXCLUDED FROM ITEM 7 The estimate assumes leased commercial retail space. It excludes unimproved land, construction of a freestanding Waxing Studio, site development or engineering work, financing charges, interest, debt service, and certain local structural or exterior work. Those exclusions can make a buyer’s actual capital need higher than the official range.
INITIAL FEES AND DISCOUNTS

What is paid to the franchisor before opening?

The standard Initial Franchise Fee is $42,500 and is due in full when the Franchise Agreement is signed. It is fully earned when paid and nonrefundable. Item 5 also discloses reduced fees of $38,250 for an eligible veteran, $37,500 for an eligible existing franchisee, and $33,750 for an eligible existing franchisee who also meets the veteran requirements. These programs can be modified or terminated.

Initial supplies and products
$13,656 to $14,480 for the required initial waxing supplies and retail-product package, paid before operating and nonrefundable.
Furniture, fixtures, and equipment
$39,405 to $59,809 for required build-out components purchased from the franchisor or its affiliate; the amount varies with room count and optional items.
Technology package
$13,084 to $25,806 for the two packages offered through ProVision; Item 7 permits variation when required technology is sourced from another approved vendor.
Grand Opening and Ramp Up Plan
A minimum $25,000 spend. If the minimum is not met, the franchisor may collect the shortfall for the General Advertising and Marketing Fund or execute the plan.
Additional Compliance Drawing
$250 for each drawing beyond the first, due when invoiced. The designated architectural vendor separately prepares Construction Documents.
Source: 2026 FDD, Item 5, pp. 9–11; Item 7, pp. 20–22; Item 8, pp. 24–26.
MULTI-UNIT COMMITMENT

How does an Area Development Agreement change the cash commitment?

An Area Development Agreement creates a separate upfront Development Fee for at least three Waxing Studios. The 2026 FDD shows $97,500 for three studios and $150,000 for five studios for a new franchisee. The fee is due in full when the Area Development Agreement is signed, is nonrefundable, and replaces the Initial Franchise Fees that otherwise would have been paid for the committed studios.

The development fee is not the total cost of opening multiple studios

Item 7’s $97,500 to $150,000 Area Development Agreement total covers the Development Fee only. It is in addition to the per-studio investment, except that the Development Fee replaces the Initial Franchise Fee for those studios. A separate Franchise Agreement is signed for the first studio when the Area Development Agreement is signed.

Three-studio fee $97,500
Five-studio fee $150,000
Missed development deadline $10,000/studio

For commitments above five studios, the disclosed additional-location increments are $30,000 each for a new franchisee, $27,000 each for an eligible veteran, $25,000 each for an eligible existing franchisee, and $22,500 each for an eligible existing franchisee meeting the veteran requirements. Failure to develop a studio by the contractual deadline can trigger $10,000 in liquidated damages per undeveloped studio, subject to state law.

PAYMENT TIMING

When is the money paid?

The required cash is not paid as one lump sum. It moves from agreement fees to premises,construction, inventory, marketing, and then recurring payments. Federal law generally requires delivery of the FDD at least 14 calendar days before a prospect signs a binding agreement or pays the franchisor or an affiliate; the FTC’s franchise buying guide explains this review period.

At contract signing Pay the $42,500 standard Initial Franchise Fee. Under an Area Development Agreement, pay the full Development Fee and sign the first studio’s Franchise Agreement.
During site, lease, and design work Pay rent and the security deposit, architect/design charges, and construction-related invoices according to the lease and vendor contracts.
Before opening and at delivery Pay for the technology package, signage, furniture, fixtures, equipment, office supplies, initial retail inventory, initial waxing supplies, insurance, and opening requirements.
From lease signing through the ramp-up period Spend the required $25,000 on the Grand Opening and Ramp Up Plan during the period beginning as early as 120 days before opening and ending 180 days after opening.
At activation and after opening The Technology Fee starts after the studio-management software account is activated, potentially before opening. Weekly Royalty Fees, monthly advertising-fund contributions, local advertising, supply purchases, and other recurring obligations follow their Item 6 schedules.
Source: 2026 FDD, cover; Item 5, pp. 9–11; Item 6, pp. 11–19; Item 7, pp. 20–23. The FTC Franchise Rule governs the federal disclosure framework.
ONGOING COST CONTRACT

Which fees continue after the studio opens?

The recurring cost structure combines percentage fees, fixed fees, required local spending, and mandatory product purchases. The Royalty Fee is the greater of $100 per week or 6% of Gross Revenue; it is paid on the first Monday for the prior week. Gross Revenue includes gift-card and membership-package sales when sold, excludes specified refunds, credits, and remitted sales taxes, and does not deduct chargebacks.

Ongoing obligation Amount or basis Timing Key condition
Royalty Fee Greater of $100/week or 6% of Gross Revenue Weekly Minimum starts after opening or at 12 months, subject to the real-estate-team waiver.
General Advertising and Marketing Fund Contribution Currently 2% of Gross Revenue; cap 3% Monthly Can increase on 60 days’ written notice.
Technology Fee $799/month Monthly by ACH May increase 10% annually, compounded and cumulative.
Local Advertising $1,500/month After the ramp-up plan Possible setup fee up to $350 if the franchisor conducts it.
Wax, service products, and promotional items Typically $50,000–$77,000/year Before shipment Required sole-source and designated purchases vary with inventory levels.
Marketing Materials $650–$1,200 in year one As incurred Required POP kits may ship automatically at the studio’s cost.
Conference Fee $799 first ticket At registration Required for one studio; additional tickets are $499 early or $599 regular, subject to a $1,000 cap.
Re-Invention Program $0.50/sq. ft./month Monthly after opening Recommended reserve; the franchisor may require the funds to be paid to it and held for remodeling.

Item 8 states that required or specified purchases are expected to represent more than 90% of opening purchases and 70% to 90% of expenses after opening. Waxing the City Franchisor LLC and SEB Distribution are sole suppliers for specified wax, service-offering products, and retail products, while ProVision is the sole supplier of required mobile-device-management software and services included in the Technology Fee.

COST IMPLICATION The $50,000 to $77,000 annual product-purchase disclosure is not a royalty or an optional inventory forecast. It reflects typical mandatory operating purchases whose actual amount varies with ordering and inventory levels. Do not add it to Item 7 as though it were another pre-opening line item.
Source: 2026 FDD, Item 6, pp. 11–19; Item 8, pp. 24–26.
CONDITIONAL FEES

Which costs arise only after a specific event?

Renewal, transfer, relocation, noncompliance, training, and missed development obligations can create additional payments that are outside the initial Item 7 total.

Renewal$6,000
Reduced to $5,000 if the fee and signed renewal documents arrive at least 30 days before expiration. Renewal also requires compliance with then-current location standards and may require updating or relocating the studio.
Transfer$7,500 or $12,000
$12,000 before the Waxing Studio opens; $7,500 after opening. Broker fees or commissions may also be payable.
Relocation$1,500 plus expenses
Due when a move request is submitted; refundable if denied. The current policy waives the fee when the franchisor’s real-estate team is used for the new site.
Training Compliance$500–$2,500/month
Applies per violation until compliant when services are performed before required training or a studio opens before completing pre-opening obligations without consent.
InspectionUp to $500
Charged per failed inspection when a reinspection is required. A separate optional pre-transfer or pre-renewal technology inspection is $550.
Area Development Default$10,000/studio
Liquidated damages for each Waxing Studio not developed by the Area Development Agreement deadline, subject to state law.
Late AmountsUp to 1.5%/month
Interest is the lesser of 1.5% per month or the highest lawful rate. Late reports and insufficient-funds events each carry separate $100 charges.

The initial Franchise Agreement term is six years. An eligible franchisee may renew for an additional five-year period, but Item 17 requires a new agreement, the renewal fee, compliance, possession rights, any refreshing training, and an update or move to current standards. The Minnesota Department of Commerce franchise lookup is an official government tool for checking registration status and public filing records; registration is not approval or verification of the investment.

Source: 2026 FDD, Item 6, pp. 12–19; Item 17, pp. 49–52.
WORKING CAPITAL AND FINANCING

What do Additional Funds cover, and can the investment be financed?

The $34,600 to $84,660 Additional Funds and Working Capital amount is already included in the $339,945 to $646,195 total. It covers the first three months of operations and includes monthly royalties, General Advertising and Marketing Fund fees, Technology Fees, assumed credit-card processing fees equal to 2% of Gross Revenue, and wages and payroll for five to six Cerologists.

Included elsewhere in Item 7
Rent is not inside the Additional Funds line because Item 7 separately estimates three months’ rent and the security deposit.
Not included in this line
Taxes, other permitting or licensing fees, payroll taxes, and employee benefits are excluded from the Additional Funds estimate.
Owner compensation
The 2026 FDD does not state that owner compensation is included. A buyer should not assume this working-capital range funds personal living expenses.
Debt costs
Finance charges, lender fees, interest, and debt-service obligations are excluded from the total initial investment.

Waxing the City Franchisor LLC does not finance the investment itself. Item 10 discloses third-party arrangements with Geneva Capital, Guidant Financial, and United Leasing & Finance. The FDD describes equipment leases, retirement-fund business financing, SBA-loan assistance, unsecured financing, portfolio loans, and equipment financing. Every program is subject to underwriting, credit approval, collateral or guaranty requirements, fees, and then-current lender terms; a disclosed relationship is not guaranteed approval.

FDD CAVEAT Financing can reduce the cash paid at one moment, but it does not reduce the official investment categories. Because finance charges and debt service are excluded from Item 7, a financed project can require more total cash over time than the FDD range alone indicates.
Source: 2026 FDD, Item 7, pp. 22–23; Item 10, pp. 28–31. Provider links identify the named official companies; the FDD controls the franchise-specific disclosed arrangements.
FINAL COST CHECK

What should a buyer verify before relying on the range?

The official range is most sensitive to premises size, treatment-room count, leasehold work, landlord allowance, local labor and material pricing, signage, technology choices, and the amount of working capital required during the first three months. The most important unresolved figure is the site-specific build-out budget after lease terms and tenant-improvement allowances are known.

Confirm the studio assumption. Verify whether the approved plan is closer to the 1,200-square-foot, four-room low case or the 2,000-square-foot, six-room high case.
Reconcile the landlord economics. Separate base rent, CAM, security deposit, tenant-improvement allowance, and any work excluded from the general contractor’s scope.
Obtain current vendor quotes. Price Construction Documents, FF&E, signage, technology, shipping, installation, taxes, inventory, and any optional or newly mandatory Construction Management Services.
Test the three-month reserve. Include excluded payroll taxes, benefits, local fees, personal living needs, and lender payments without double-counting amounts already in Item 7.
Request the latest disclosure updates. The FTC notes that prospects may request the most recent FDD and quarterly updates before signing.
Separate single-unit and multi-unit obligations. An Area Development Fee is an additional development commitment, not a substitute for the per-studio build-out and working-capital requirement.

For a single Waxing Studio, the verified 2026 FDD range is $339,945 to $646,195. The standard Initial Franchise Fee is $42,500, while ongoing obligations include the greater of $100 per week or 6% of Gross Revenue, a current 2% General Advertising and Marketing Fund Contribution, a $799 monthly Technology Fee, and at least $1,500 per month of local advertising after the opening ramp-up period. Liquid capital and net worth are separate qualification tests, and the official public thresholds should be reconfirmed because the franchisor’s current web pages are not fully consistent.