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Below is an in-depth analysis and side-by-side comparison of LunchBOX Wax vs Urbana Wellness Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $357,300 - $627,750 | $420,000 - $500,000 |
Franchise Fee | $45,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | 2010 | 2006 |
Year Franchised | 2013 | 2014 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Active operators who have strong work ethics, focus on excellent spa services and guest experiences, and love hosting spa parties. Ready to embrace the mission of enriching peoples' lives by creating the kind of wellness spa experiences that demand an encore. Prior business experience, financial qualifications, motivation, team spirit and a track record of personal success. * Collective net worth of at least $500,000, with liquid assets greater than $150,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). * Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. * Willingness of all investors to personally guarantee any obligations that are required under the license agreement. * Belief that guest experience is of critical importance in spa business. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing | Available at Central Office: 2 weeks. Additional 1 week training on location. |
Support | 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 | The Urbana franchise program uses a specialist system by providing expert guidance to each spa's functional lead personnel. Once every week or on a biweekly basis, our specialist will touch base with each spa's counterpart to ensure that each franchise location is tracking critical key metrics and offering best practices that have been tried and tested in resolving issues at hand. |
Marketing | 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 |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
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