| Initial Investment (midpoint) | %Profit margin of average franchise sales | Estimated profits |
|---|---|---|
| $451,775 | 15% | $128,679 |
| $451,775 | 20% | $171,572 |
| $451,775 | 25% | $214,465 |
How much does a European Wax Center Owner make?
The estimated total pay for a Owner at European Wax Center is $12,091 per month. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $7,766 per month.
How much does it cost to open a EWC?
$358,485 to $571,840The initial investment generally ranges from $358,485 to $571,840 based on the 2021 FDD.
How do I become a European Wax Center franchise owner?
To buy a franchise with European Wax Center, you'll need to have at least $10,000 in liquid capital and a minimum net worth of $800,000. Franchisees can expect to make a total investment of $450,000 - $500,000.
Who owns European Wax Center?
Josh Cavanaugh - Owner - European Wax Center | LinkedIn.
When did European Wax Center start?
2004, Aventura, FLEuropean Wax Center / Founded
How did European Wax Center get started?
Founded in 2004 by brothers Joshua and David Coba, European Wax Center began as an offshoot of a hair salon owned by the Cobas' father. The original salon's waxing service, located in Aventura, Florida, was something of a disaster, with underpriced services, messy wax, and mismanaged customer demand.
How many European wax Centers are in the US?
At European Wax Center, we have 850+ waxing salons across the United States that are all dedicated to the same cause - giving you the confidence to live life to the fullest.
What brand of wax does European wax use?
Comfort Wax®What kind of products do you use? We use our proprietary hard, stripless wax made exclusively for European Wax Center called Comfort Wax®.
Why do they call it European Wax Center?
Our Comfort Wax® was the inspiration behind the name of European Wax Center, because Europe is where we source our beeswax from to make our signature violet wax. In addition to beeswax, our Comfort Wax® is formulated with skin-soothing ingredients.
Who is the CEO of European Wax Center?
David P. Berg (Oct 2, 2018–)European Wax Center / CEO
Where is European Wax Center headquarters?
Plano, TXEuropean Wax Center / Headquarters
Are European Wax Center products clean?
Our Products Designed to help enhance and extend your waxing service, our collection of products is cruelty-free, dermatologist-tested and formulated without parabens or mineral oil.
What was does European Wax Center use?
Our proprietary Comfort Wax™ is a hard, stripless wax is sourced in Europe and made from the highest-quality beeswax and plus other skin-soothing ingredients. Because of this, Comfort Wax™ is ideal for sensitive skin and helps relieve discomfort during the waxing process.
What is a European wax center?
It is a lifestyle beauty brand that has a proprietary collection of products and services it provides clients.
How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 628 franchised European Wax Center locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
When was the European wax center franchise issued?
From the Franchise Disclosure Document of European Wax Center, that was issued on July 8, 2020.
What is European wax center?
European Wax Center is a franchise concept in the Retail Products and Services industry.
Is Techy a franchise?
Techy is a franchiseA franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model, brand and rights to sell its products and services. The franchisee signs a contract (franchise agreement) with the franchisor to acquire the franchise and generally has a territory granted to operate. What is a Franchise?... More is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures,
European Wax Center Franchise Opportunities
European Wax Center franchise focuses on providing waxing services for both women and men as well as selling body and skill care products. The brand was founded in 2004 and has rapidly gained a huge popularity throughout the USA. The chain has increased to 770 units so far.
How to open a Profile by Sanford franchise?
Ensure you have adequate capitalization. In order to open the European Wax Center body waxing franchise, you must have a net worth of $1,000,000.
How much should you be earning?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
How much does European Wax Center in the United States pay?
Average European Wax Center hourly pay ranges from approximately $11.00 per hour for Personal Assistant to $27.39 per hour for Corporate Recruiter. The average European Wax Center salary ranges from approximately $23,628 per year for Guest Service Agent to $80,565 per year for Director of Operations.
Recession Risk
Determine whether European Wax Center grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof European Wax Center is relative to the industry overall.
Market Share of European Wax Center's Largest Competitors
A competitive analysis shows these companies are in the same general field as European Wax Center, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
Nearby Competitors
These companies are similar in business line and location to European Wax Center. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: European Wax Center's Fastest Growing Competitors
These companies are in the same general field as European Wax Center and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.