True Rest vs LunchBOX Wax Franchise Comparison

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

Start-Up Costs and Fees
 
True Rest Franchise
LunchBOX Wax Franchise
Investment $359,887 - $778,812$357,300 - $627,750
Franchise Fee $39,950$45,000
Royalty Fee 6%6%
Advertising Fee 2%3%
Year Founded 20092010
Year Franchised 20142013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
True Rest Franchise
LunchBOX Wax Franchise
Experience --

Financing Options
 
True Rest Franchise
LunchBOX Wax Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
True Rest Franchise
LunchBOX Wax Franchise
Training In-depth three day training at University Tour of existing locations for spa finish concepts Classroom and hands-on role playing training On-The-Job Training: 48 hours Classroom Training: 24 hours On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 2 - 8


Expansion Plans
 
True Rest Franchise
LunchBOX Wax Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About True Rest

In 1954, John C. Lilly began experimenting with the mind’s response to "sensory deprivation." The next real step in the evolution of float tanks came in the early 1970s, when the floatation chamber changed from an intimidating laboratory behemoth into the modern-sleek more welcoming pods we know and love today.
The first float tank center was opened in 1973 in Beverly Hills, California. It spawned a surge in interest in floatation therapy, and paved the way for new centers to open all around the world. Over the next decade, centers saw steady growth and many news and media outlets ran featured stories about the therapy, the tanks, and the medical benefits.
If the present growth of the industry is any indication, the future of floating is bright. The community of supporters is growing steadily, the industry is advancing, and the practice of floatation therapy is becoming more available to the general public.
True REST Float Spa is a world's largest float spa brand. With over 78 awarded franchised locations across the country, it is on its way to servicing 1 million floats.
True REST Float Spa has created a luxury float spa experience in 10 inches of water and one thousand pounds of Epsom salts. Clients float effortlessly in their float suite. Each location is dedicated to providing pain relief, relaxation and better sleep through a 60-minute float session. True REST Float Spa offers monthly memberships programs and packages.

Veteran Incentives  10% off franchise fee
"Entrepreneur
#205 in Franchise 500 for 2020.
#139 in Franchise 500 for 2021.










About LunchBOX Wax

Bare Your (BUSINESS) Beauty
 OUR BUSINESS FORMULA WORKS, AND WE'RE EXCITED TO SHARE IT THROUGH THE LUNCHBOX FRANCHISE SYSTEM. 
LunchBOX Wax salons are beginning to appear across the nation in affluent, progressive communities. You'll find them in vibrant shopping districts, in prosperous pockets where people like to meet. Just like our salon, we strive to set up shop in places that have an alluring, energetic vibe.In just 120 days*, we help you build your very own LunchBOX Wax and equip you with the knowledge, support, tools and resources you need to succeed. 
LunchBOX Wax is : 
A carefully crafted brand that cultivates curiosity and sets us apart in the emerging wax-only industry 
Stylish, modern and playful 
For people who want to feel beautiful and are mindful about the people and places they choose for these services 
Proud of its proven speed-waxing technique that considers every part of each guest's waxing experience, including pre- and post-care.
 BOX - Out of the Box 
The thought of business ownership appeals to many, but getting going can keep the dream from becoming reality. That's the beauty of a 
LunchBOX Wax franchise. 
AS A FRANCHISEE, YOU INHERIT A KNOWLEDGEABLE, ENERGETIC TEAM THAT'S WITH YOU EVERY STEP OF THE WAY. 
We've thought of everything - the process, the products, the brand - all the ins and outs of running and growing your business. And we're excited to share it with you. *A comprehensive training program that blends business best practices as well as intensive instruction on the unique 
LunchBOX Wax speed-waxing technique + An ongoing business mentoring program called LunchBOX Wax 
Concierge Program 
*Site selection and build-out assistance 
*Proven, built-in marketing strategies that leverage an established brand 
*Custom-blended LunchBOX soft and hard waxes as well as specially formulated LunchBOX products to deliver a thoughtfully tailored pre-,during- and post-wax experience 
*The BOX Out of the Box, everything you need to start offering comprehensive waxing services, such as fixtures and furniture, supplies, marketing collateral and LunchBOX retail merchandise 

 As a LunchBOX Wax salon owner, you receive a complete business that will be up and running 120 days from the day the agreement is inked.

If you purchase a single franchise, the total investment necessary to begin operation of a LunchBOXWax Salon ranges from $357,300 to $507,250. This includes $73,700 to $80,700 that must be paid to the franchisor or an affiliate.
If you purchase LunchBOXWax area development franchise rights for 3 to 5 outlets, the total investment necessary to begin operation of a LunchBOXWax Salon ranges from $427,800 to $627,750. This includes $144,200 to $201,200 that must be paid to the franchisor or an affiliate.
If you purchase area development franchise rights for more than 5 outlets, the total investment necessary to begin operate of a LunchBOXWax Salon (and the amount that must be paid to the franchisor ) will increase by an additional $30,000 for each additional outlet that you commit to develop (i.e., outlets 6 and beyond).

"Entrepreneur
#495 in Franchise 500 for 2020.