How Much Does a Waxing the City Franchise Cost?
Data from the 2026 Franchise Disclosure Document
Investment Summary
Total Investment
$340K – $646K
Franchise Fee
$43K
Royalty
Greater of (a) the Minimum Royalty Fee ($100/week), or (b) 6% of Gross Revenue.
Ad Fund
2.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Waxing the City is $43K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Waxing the City franchise requires a total investment of $340K – $646K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $35K to $85K.
Ongoing Costs
Beyond the initial investment, Waxing the City franchisees pay ongoing fees. The royalty structure is: Greater of (a) the Minimum Royalty Fee ($100/week), or (b) 6% of Gross Revenue.. The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $799.
Net Worth & Liquid Capital Requirements
Waxing the City requires working capital of $35K – $85K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
According to Waxing the City's Item 19 financial performance representation:
Median gross sales: $457K
This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.
How Do Banks View Waxing the City?
SBA Loans Issued
114
Default Rate
18.6%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Waxing the City has 114 SBA-backed loans on record. The default rate is 18.6%, which is near the franchise industry average. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
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