Radiant Waxing
Bottom line
- Total investment $433K – $708K including a $50K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $555K/year (median $538K).
- Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
- 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one RADIANT WAXING unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 RADIANT WAXING units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.7M
on $8.3M purchase
Total debt
$6.7M
SBA $4.2M + senior + seller note
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
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.
Score breakdown · what drove the 56 / 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
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
65 numbers
One-time purchase · CSV download · Validation questions included
FDD download
RADIANT WAXING · FDD (2026) PDF