LEARN MORE ABOUT WAXXPOT® FRANCHISE OPPORTUNITIES IN YOUR AREA
* Completing this form does not obligate you or WAXXPOT® in any way.
The Waxxpot® concept is straightforward… We provide hair removal services from head to toe. From brows to Brazilians, underarms to everything else.
HOW TO BECOME A WAXXPOT® FRANCHISEE
STEP 1
Submit Inquiry Form and Download e-brochure.
After you fill out the online info request, you will receive a Franchise Brochure to learn more about the WAXXPOT® ownership opportunity.
Today
STEP 2
Introduction call (5-10 mins).
We will reach out to answer initial questions, talk about qualifications, and schedule a more in depth conversation about the WAXXPOT® and your goals with our brand.
Within 24 Hours
STEP 3
Exploratory Call (1 hr):
Talk with our team team to get to know each other further:
– Discuss your goals, desires, and questions
– Learn more about our Core Values
– Overview of Basic store operations
– Educate you about our Support team
STEP 4
Market Study:
If we all decide that we want to move forward, you will enter the due diligence stage. This involves a market study, where you’ll develop a thorough understanding of the industry within your territory.
STEP 5
Budget and Financial Forecast:
We work with you to build a realistic business plan and financial forecast. You will also review our Franchise Disclosure Document (FDD), and we’ll discuss your funding and financing plans/options.
STEP 6
Meet Our Team:
Interview with our Franchise Team to learn more about franchise experiences, their opinions on the business, and what it takes to be successful.
STEP 7
Team Day:
You’ll attend a team day which includes meeting with leadership and the teams that will support you. It’s also when we finalize your business plan and territory.
STEP 8
Franchise Awarded:
It’s time to celebrate! Your corporation will be established, you’ll pay your franchise fees, and we’ll produce your franchise agreements for signing. You’ll then start your on-boarding and training.
How We Will Support You
PRE-OPENING TRAINING
⬢ Pre-Opening Support
⬢ Robust Operations Manuals
⬢ Operational Staff Scripts
⬢ Employee Recruiting Guides
START-UP ASSISTANCE
⬢ Franchise Mentor Support Program
⬢ Manager Mentor Support Program
⬢ Training Guides for Every Position
⬢ Leadership and Culture Strategies
INTERNAL MARKETING SUPPORT
⬢ Marketing Portal
⬢ Brand Voice Guide
⬢ Monthly Internal Newsletter
⬢ Data Warehouse Reporting System
ON-GOING SUPPORT
⬢ Booker: POS System
⬢ Skipio: Lead Management System
⬢ Rockbot: Internal Music Platform
⬢ Technical Systems & Security Support
Our Numbers
| TYPE OF INVESTMENT | AMOUNT | WHEN DUE |
Initial Franchise Fee | $39,500 | Upon signing the Franchise Agreement |
Travel and Living Expenses While Training | $1,400 – $4,000 | As incurred during training |
Real Estate and Leasehold Improvements | $80,000 – $180,000 | Before Opening |
Rent | $9,000- $30,000 | First three months of Rent payable to Landlord |
Architect/Design Fees | $10,000 – $20,000 | At time of architectural design |
Exterior and Interior Design Fees | $1,500 – $2,500 | At time of Exterior and Interior design |
Furniture, Fixtures and Equipment | $25,000 – $70,000 | Varied times |
Operating Supplies (store, office, treatment, training, etc.) | $2,500 – $7,500 | Varied times |
Technology Expenses and Licenses | $15,950 – $19,850 | Before opening and varied times after opening |
Technology Fund Fee Low and High Amounts are for three (3) months of technology fees) | $325 | As incurred |
Signage | $3,700 – $25,000 | Before opening |
Initial Inventory | $5,000 – $8,000 | At delivery |
Soft Wax and Soothe | $18,000 – $30,000 | At delivery |
Grand Opening Advertising | $10,000 – $20,000 | Before opening |
Insurance | $4,000 – $8,000 | Varied times |
Misc. Expenses | $7,000 – $12,000 | Varied times |
Legal and Accounting | $3,000 – $5,000 | Varied times |
Additional Funds and Working Capital for First 6 Months | $30,000 – $90,000 | Varied times |
| GRAND TOTAL | $259,600 – $476,000 |
The Waxxpot® concept dates back to 2003 when founder Daniel Sadd created Salon Lofts® to provide salon suite rentals to independent beauty entrepreneurs, so they could run their own beauty businesses in their own space. With 3,500+ beauty professionals in 142+ locations, Salon Lofts has grown into a leading suite rental concept in the United States and is still growing rapidly. Waxxpot® is a natural extension.