WPHero

LEARN MORE ABOUT WAXXPOT® FRANCHISE OPPORTUNITIES IN YOUR AREA

Learn More WAXXPOT
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WAXXPOT Franchising is honoring the service of Veterans and First Responders. We are pleased to offer a 20% discount on the initial franchise fee for qualified veterans, active military and their spouses.

* 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

support

PRE-OPENING TRAINING

⬢ Pre-Opening Support

⬢ Robust Operations Manuals

⬢ Operational Staff Scripts

⬢ Employee Recruiting Guides

support

START-UP ASSISTANCE

⬢ Franchise Mentor Support Program

⬢ Manager Mentor Support Program

⬢ Training Guides for Every Position

⬢ Leadership and Culture Strategies

support

INTERNAL MARKETING SUPPORT

⬢ Marketing Portal

⬢ Brand Voice Guide

⬢ Monthly Internal Newsletter

⬢ Data Warehouse Reporting System

support

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

$49,000

Upon signing t 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

$276,275 – $582,075

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.