Radiant WaxingFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A RADIANT WAXING franchise requires a total initial investment of $433K – $708K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average unit revenue was $555K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $433K – $708K
- 38th pct Personal Care…
- Avg gross sales
- $555K
- 17th pct Personal Care…
- Royalty
- 6.0%
- 9th pct Personal Care…
- Units
- 58
- 30th pct Personal Care…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 65 to 58 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $433K – $708K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $555K/year (median $538K).
- Verdict A (Top Quintile) with a risk score of 41/100.
- System contracting at -10.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Radiant Waxing Franchise, LLC
- Parent company
- Radiant Waxing Holdings, LLC
- Incorporated in
- DE
- HQ
- 1890 Wynkoop Street, Unit 1, Denver, CO 80202
- Auditor
- Grant Thornton LLP
- Audited financials
- Franchisor revenue
- $24.9M
- vs $29.3M prior year
Overview
About
Franchisees operate full-service waxing salons providing hair removal services (body, facial, Brazilian waxing) to retail customers. Daily operations include client scheduling, performing waxing treatments, product inventory management, and staff supervision. Revenue depends heavily on service pricing, client retention, and location foot traffic.
- CEO
- Amanda Clark
- Headquarters
- CO
- Founded
- 2021
- FDD year
- 2026
- States available
- 13
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $35K | $55K |
| Equipment, build-out, other | $348K | $603K |
| Total initial investment | $433K | $708K |
Source: RADIANT WAXING 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$122K
22.0% margin
Unlevered ROIC
20%
EBITDA / total invested capital
Payback
5.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $433K – $708K
- Better than avg vs category
- Liquid capital req'd
- $35K – $55K
- Better than avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Receipts · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $719 |
| Transfer fee | $25K |
| Renewal fee | $13K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $555K
- Per unit, per year
- Median gross sales
- $538K
- Item 19 type
- Actual
- Sample size
- 56 units
- vs category median 35
- Range (low → high)
- $127K→$994K
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 186 Personal Care & Beauty brands
Revenue is only 1.0x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Personal Care & Beauty averages
How Radiant Waxing Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 58
- Opened
- 2
- Last reporting year
- Closed
- 3
- Turnover rate
- 5.2%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- -1.7%
- Net unit change last year
- 3-yr CAGR
- -10.8%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 9 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 9
- Loan volume
- $4.5M
- Median loan
- $436K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 5
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Radiant Waxing's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 6 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Radiant Waxing presents elevated risk due to declining unit economics, active franchisee litigation, undisclosed net income, and potential franchisor financial instability despite moderate average revenues.
Audited financials (Item 21)
Yes · Grant Thornton LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 41 / 100 rating
- 01MINORDeclining unit count (-1.7% YoY) suggests system contraction and potential saturation or operational issues
- 02HIGHActive consolidated litigation by franchisee group (Kathleen Martin et al.) indicates systemic disputes over contract terms or franchisor practices
- 03MEDNet income not disclosed in Item 19 prevents ROI validation; only revenue ($554,671 avg) is transparent, making profitability assessment impossible
- 04MINORHigh initial investment ($432k-$708k) combined with 6% royalty creates elevated break-even threshold with unclear path to positive returns
- 05HIGHCompleted trademark infringement litigation (Aesthetica LLC) signals potential brand identity vulnerabilities and legal exposure
- 06HIGHGoing Concern status is False, which may indicate financial stress at corporate level affecting franchisee support
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 2 |
Items 10, 11
Training & Operations
- Classroom training
- 29 hrs
- On-the-job training
- 20 hrs
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
60 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
RADIANT WAXING · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a RADIANT WAXING franchise?
The total investment to open a RADIANT WAXING franchise ranges from $433K – $708K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do RADIANT WAXING franchise owners earn?
According to Item 19 of the RADIANT WAXING FDD, the average gross sales per unit is $555K. The median is $538K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is RADIANT WAXING's franchise failure rate?
SBA 7(a) loan charge-off data is not available for RADIANT WAXING (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many RADIANT WAXING franchise locations are there?
As of their most recent FDD filing, RADIANT WAXING has 58 total units in the United States, including 65 franchised units and 0 company-owned units. 2 new units were opened in the latest reporting year.
Is RADIANT WAXING a good franchise to buy?
FranchiseVerdict rates RADIANT WAXING as a A-grade franchise with a risk score of 41 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.