Lay Bare Waxing Salon
Sugaring, eyebrow threading, body facials- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$123K - $271K
- Units as of 2020
-
133 33.0% over 3 years
Company Overview
About Lay Bare Waxing Salon
- Industry
- Personal-Care Businesses
- Related Categories
- Miscellaneous Personal-Care Businesses,Miscellaneous Services,Waxing
- Founded
- 2006
- Parent Company
- Lay Bare Waxing Salon
- Leadership
- Fiona Hilario, Managing Member
- Corporate Address
-
12265 Ventura Blvd., #203
Studio City, CA 91604
Business Overview
- Franchising Since
- 2008(15 years)
- # of employees at HQ
- 8
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 133(as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Lay Bare Waxing Salon franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $20,000
- Initial Investment
- $122,600 - $270,900
- Net Worth Requirement
- $100,000 - $500,000
- Cash Requirement
- $100,000 - $300,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 2-3%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Lay Bare Waxing Salon has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 56 hours
- Classroom Training
- 24 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite Development电子邮件营销Loyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3-5
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Lay Bare Waxing Salon? Request a free consultation with a Franchise Advisor now.
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