European Wax Center vs PHENIX SALON SUITES®
Franchise Comparison 2026
Both European Wax Center and PHENIX SALON SUITES® are personal care & beauty franchises. European Wax Center requires an investment of $332K – $777K while PHENIX SALON SUITES® requires $721K – $1.4M. In terms of revenue, European Wax Center reports higher average unit revenue at $902K. European Wax Center has SBA lending data on file with a 2.6% charge-off rate. FranchiseVerdict rates European Wax Center A (Strongest tier) and PHENIX SALON SUITES® A (Strongest tier).
| Metric | European Wax Center | PHENIX SALON SUITES® |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $332K – $777K | $721K – $1.4M |
| Franchise Fee | $45K | $53K |
| Royalty Rate | 6.0% | $0.34 per square foot of leased space per month, increasable by 3% per year |
| Average Revenue (Item 19) | $902K | $487K |
| SBA Charge-Off Rate | 2.6% (332 loans) | Limited data |
| Total Units | 1,067 | 399 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2006 | 2010 |
| FDD Year | 2026 | 2025 |
Investment Range
$332K – $777K
$721K – $1.4M
Franchise Fee
$45K
$53K
Royalty Rate
6.0%
$0.34 per square foot of leased space per month, increasable by 3% per year
Average Revenue (Item 19)
$902K
$487K
SBA Charge-Off Rate
2.6% (332 loans)
Limited data
Total Units
1,067
399
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2006
2010
FDD Year
2026
2025