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Updated RecentlyHand and Stone Spa vs LunchBOX Wax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hand and Stone Spa vs LunchBOX Wax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $567,626 - $674,476 | $357,300 - $627,750 |
| Franchise Fee | $32,500 - $42,500 | $45,000 |
| Royalty Fee | 5%-6% | 6% |
| Advertising Fee | 5% | 3% |
| Year Founded | 2004 | 2010 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location | 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 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 | Number of Employees Required to Run: 12 - 15 | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 8 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Hand and Stone Spa
Veteran Incentives 20% off franchise fee
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#151 in Franchise 500 for 2020.
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
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.