FranchiseVerdict
UNI K WAX logo
FV-02846·STRONGExcellent91

Uni K Wax

Personal Services - Beauty & SalonFranchising since 2006Website
Investment
$330K – $584K
65th pct Beauty & Salon
Avg revenue
$694K
50th pct Beauty & Salon
Royalty
7.0%
61st pct Beauty & Salon
Units
34
45th pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $330K – $584K including a $45K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $694K/year (median $653K).
  • Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 12 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Uni K Wax Franchising, LLC
Parent company
Uni K Wax Group Inc.
Incorporated in
Delaware
HQ
117 NW 9th Terrace, Bay#1, Hallandale Beach, Florida 33009
Auditor
GRAY, GRAY & GRAY, LLP
Audited financials
Franchisor revenue
$1.7M
vs $3.3M prior year

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 UNI K WAX unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $693,986
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $330K–$584K
Working capital
$
FDD reports $20K–$75K

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$139K
EBITDA margin
20.0%
Total invested
$504K
Payback
44 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 UNI K WAX units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.8M

on $9.0M purchase

Total debt

$7.2M

SBA $4.5M + senior + seller note

Overview

About

UNI K WAX franchisees operate waxing salons offering hair removal services (body waxing, facial waxing, etc.). Day-to-day operations include client scheduling, performing waxing treatments, managing inventory of wax and supplies, maintaining salon sanitation standards, and handling point-of-sale transactions. Franchisees typically manage 1-3 staff members and handle marketing/client retention.

CEO
Heather Harris
Founded
2023
FDD year
2025
States available
4

Item 7 · what it costs

The Vitals

Total investment
$330K – $584K
All-in to open one unit
Liquid capital
$20K – $75K
Cash you must have on hand
Franchise fee
$45K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
Greater of 2% of Gross Sales or $1,000 per month
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$694K
Per unit, per year
Median gross sales
$653K
Item 19 type
Historical Performance
Sample size
33 units
vs category median 34
Range (low → high)
$185K$1.7M
Cohort dispersion
Transparency
6 / 5
vs category median 4 / 5 · above
Revenue rank50th
vs Personal Services - Beauty & Salon peers
Investment cost rank65th
Lower investment ranks lower (better)
Royalty rate rank61th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Personal Services - Beauty & Salon peers
Risk score rank23th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
34
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
+3.1%
Net unit change last year
3-yr CAGR
+3.1%
Compounded over last 3 years
2023
33±0
Franchised units
2024
32
Franchised units
2025
32
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 9 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 9 states
Not registered

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.

Total loans
12
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

52
Risk · 0-100
STRONG52 / 100

UNI K WAX presents CAUTION-level risk due to going concern status, missing profitability disclosure, stagnant unit growth, and high investment requirements relative to revenue transparency.

Score breakdown · what drove the 52 / 100 rating

  1. 01HIGHGoing Concern status is FALSE — franchisor may have financial viability issues
  2. 02MEDNet Income not disclosed in Item 19 — impossible to validate profitability claims or ROI
  3. 03MINORMinimal unit growth (3.1% YoY) with only 34 locations — suggests weak franchisee recruitment and system stagnation
  4. 04MEDHigh initial investment ($329k-$584k) relative to disclosed average revenue ($693k) creates thin margin for error
  5. 05MINOR7% royalty on gross sales is aggressive when net income data is withheld — difficult to assess true unit economics
  6. 06HIGHNo litigation disclosed but going concern flag raises questions about undisclosed disputes or franchisor stability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
55 hrs
On-the-job training
119 hrs
POS system
POS System
Operating tech stack

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

42 numbers

Locked
(917) 775-••••
NY
(212) 369-••••
NY
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

UNI K WAX · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above