LunchBOX Wax vs VIO Med Spa Franchise Comparison

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

Start-Up Costs and Fees
 
LunchBOX Wax Franchise
VIO Med Spa Franchise
Investment $357,300 - $627,750N/A
Franchise Fee $45,000N/A
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 20102018
Year Franchised 20132018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
LunchBOX Wax Franchise
VIO Med Spa Franchise
Experience --

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

Training & Support
 
LunchBOX Wax Franchise
VIO Med Spa Franchise
Training On-The-Job Training: 2 hours Classroom Training: 28 hours Additional Training: Ongoing -
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 -
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
 
LunchBOX Wax Franchise
VIO Med Spa Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.









About VIO Med Spa

"VIO
V/O Med Spa is an innovative leader in the medical spa industry. As a national brand, V/O Med Spa strives to provide high quality products and services to its guest no matter where they call home. The V/O Med Spa brand is synonymous with results-driven health and beauty transformations. V/O Med Spa offers traditional services that have long been proven to gain the results our guests have come to expect from a boutique med spa. However, our service offerings don't stop there.
V/O Med Spa’s vision to be the innovative leader in the medical spa industry is driven by our motivation to be the best in the industry when it comes to experience, service, products and offering the latest cutting-edge technologies and therapies in the wellness and aesthetics industry. V/O Med Spa is purpose driven: helping women and men of all ages to Feel Great and Look Amazing. We are also driven to help our guests meet their personal beautification and wellness goals. Our highly educated expert team of medical professionals and practitioners focus on meeting the needs of our guest by recommending products and services that are sure to get the results they want. We understand that everyone’s needs are different. Therefore, we create individualized health and beauty plans that are designed to meet their specific needs. V/O Med Spa’s commitment to providing results oriented products and services to our guests is nothing like you’ve ever experienced from a medical spa before.