Elizabeth Grady vs European Wax Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Elizabeth Grady vs European Wax Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Elizabeth Grady Franchise
European Wax Centers Franchise
Investment $300,000$359,660 - $564,515
Franchise Fee $35,000$45,000
Royalty Fee 6%6%
Advertising Fee -3%
Year Founded 19751975
Year Franchised 19811975
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Elizabeth Grady Franchise
European Wax Centers Franchise
Experience -* We are looking for energetic , creative , hard working individuals that will embrace our philosophy , policies ,procedures and programs that have already proven effective . * We are searching for those that have a craving for success . * Detail oriented people that see a vision and know that there is always room for change and improvement . * People who believe that education , continuous evaluation and recognition are key tools in the success of any organization . * Individuals who are inspired by and can participate in new ideas , suggestions and comments .

Financing Options
 
Elizabeth Grady Franchise
European Wax Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Elizabeth Grady Franchise
European Wax Centers Franchise
Training --
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
Operations 25% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 6

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans
 
Elizabeth Grady Franchise
European Wax Centers Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Elizabeth Grady

Elizabeth Grady provides an innovative approach to beauty and skin health through our products, services, schools and franchises. The expertly trained estheticians, massage therapists and make-up artists at our many locations will prescribe the worlds best face care products and treatments that are right for you.
At the Elizabeth Grady Schools, we also educate and nurture the next generation of highly-qualified professionals.

About European Wax Centers

European Wax Center began as a department within a second generation family owned salon located in Aventura, FL. The founders, David and Joshua Coba, spent over 10 years refining every aspect of the company before evolving into a stand-alone wax only facility. Today, European Wax Center is recognized by its guests as a premier provider and has evolved into a true multi-location corporate entity with such elite features as a Centralized Guest Reservation Center and a licensed in-house education staff. Our focus is not merely servicing our guests. We strive to create a behind the scenes environment that promotes better work habits, higher sales, increased guest loyalty, easier management, and a well run machine that can virtually operate and grow on its own. At European Wax Center our focal point is P.R.I.D.E. PROVIDE a whole new dimension of franchise RAISE the bar in image, structure, organization, technology, education, guest service and marketing INSPIRE ideas, suggestions and comments DEDICATED to facilitate the relationships within and the continued growth of the entire franchise network EDUCATE, evaluate and recognize. We offer a high-end environment at an extremely competitive price point. Our strong corporate image and brand is well known throughout South Florida as we service thousands of satisfied guests each and every month. Our company has extremely solid footing with regards to systems, structure, organization, state of the art information technology, and associate education. European Wax Center will be awarding franchises to a select number of qualified individuals.

"Entrepreneur

#56 in Franchise 500 for 2020.
#49 in Franchise 500 for 2021.