Franchise With

Uni K Wax

General

Industry

Year Founded
1993

Number of Locations

Total U.S. Locations

34
U.S. Franchised Units
32
U.S. Corporate Units
2

Other

Initial Investment

Gross Revenue

$1300000
Works With Brokers
Yes
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Brand Summary

Uni K Wax franchisees deliver unique face and body hair removal to their community. The brand’s hallmark ElastiKWax™, crafted from beeswax combined with a distinctive pine tree resin, presents an eco-conscious alternative to traditional painful waxing techniques. Its flexibility allows for quicker waxing of several body parts at once. Additionally, each location features a Wax Lab™, managed by a specialist, ensuring optimal wax mixture and minimal waste. Clients are provided with a wax warmer specific to them. Professionals, accredited from the Uni K Academy, undergo rigorous training to ensure uniform, top-tier results with every visit. Owing to its specialized service approach, the Uni K Wax design requires smaller rooms than typical industry standard.

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Brand Highlights

Because of the nature of our ElstiKWax, Uni K Wax treatment rooms are less than half the size of traditional waxing studios, creating an efficient buildout and lower investment.
ElastiK Wax allows for much faster service times creating a volume-driven model.
Proprietary ElastiK Wax can be used 2x as frequently as any other wax on the market creating higher customer frequency and increased revenue.
Uni K Wax CREATED the standalone waxing industry in 1993. We have set the bar in service, innovation and speed for nearly 30 years!

Financials

Initial Investment
$250,000 - $499,999
Franchise Fee
$45,000
Royalty
7.0%
Marketing Fee
2.0%
Financial Requirements
$150,000

Key Franchise Facts

Average Unit Volume* (AUV) 2020

$505,737

Average Unit Volume* (AUV) 2021

$621,932

Average Unit Volume* (AUV) 2022

$1,300,000
*as outlined in Item 19 of the Franchise Disclosure Document.

Franchisor Info

Website
https://unikwaxfranchise.com/
Contact Name
Lauren Wanamaker
Business email
lwanamaker@unikwaxgroup.com
Phone
3039211155
Mailing address
2999 191st Street, Suite 905
City
Aventura
State Headquarters
Florida
Zip code
33180

The Ideal Candidate

Franchisees passionate about entering the beauty space, Involved ownership or franchisees with experienced operators by their side, Candidates excited about building a team and a culture.

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The Ideal Candidate

Franchisees passionate about entering the beauty space, Involved ownership or franchisees with experienced operators by their side, Candidates excited about building a team and a culture.

Frequently asked questions

CAN I OWN MORE THAN ONE?

We don’t see why not. About 50% of our franchisees currently own more than one! Just be aware that each Studio is different and cost is dependent on a variety of factors, including site selection and build-out requirements.

DO I NEED A BACKGROUND IN WAXING?

No, not at all. All new franchisees participate in an interactive training program. This consists of training at Uni K University Training Center located in Aventura, FL, as well as at your franchised location prior to and in conjunction with opening your new location. Franchisees receive regular follow-up updates to their training, including on-site reviews.

WHY THE WAXING INDUSTRY?

The $11 billion waxing industryreader is expected to experience incredible growth in the coming years. According to a report from Technavioreaderreader, the market size is estimated to increase by $375.15 million in between 2023 and 2027 – growing at a compound annual growth rate (CAGR) of 8.86%. It’s estimated that 31% of the market’s growth will come from North America – making a waxing franchise an ideal opportunity for entrepreneurs looking for something to invest in right now.

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