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Below is an in-depth analysis and side-by-side comparison of Waxing the City vs Sugaring NYC including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $213,501 - $423,567 | $118,650 - $200,600 |
Franchise Fee | $42,500 | $29,900 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | 3% |
Year Founded | 2003 | 2015 |
Year Franchised | 2010 | 2017 |
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 | -/Yes |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | Yes/Yes |
Inventory | -/Yes | Yes/Yes |
Receivables | -/Yes | -/Yes |
Payroll | -/Yes | -/Yes |
Training & Support |
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Training | On-The-Job Training: 20 hours Classroom Training: 80 hours | On-The-Job Training: 36 hours Classroom Training: 50 hours |
Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Ad Templates 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: 8 - 12 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |