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LAST UPDATED: October 15, 2023FRANCHISE WEBSITE: <a href="https://unikwaxfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">https://unikwaxfranchise.com/</a>NUMBER OF LOCATIONS:&nbsp;&nbsp;34REPORTED COST TO GET IN:&nbsp;$390,135 to $650,345REPORTED ROI (Item 19):&nbsp;$1.3M AUV<a href="https://unikwaxfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Uni K Wax</a> is a 34-unit hair removal and waxing franchise that has developed a natural, elastic wax as an alternative to painful honey wax and paper strips, as well as a skin-friendly application and removal technique for faster, more comfortable services. Today, the brand offers a dynamic blend of 160 waxing services — from eyebrow waxing to facial waxing, Brazilian wax and full body wax — for unisex customers. Uni K Wax competes in the&nbsp;<a href="https://www.ibisworld.com/united-states/market-research-reports/personal-waxing-nail-salons-industry/">$11 billion waxing sector</a> against competitors such as&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-waxing-the-city-franchise-costs-fees-profit-and-data-2722528">Waxing the City</a>,&nbsp;<a href="https://franchise.waxxpot.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Waxxpot</a>,&nbsp;<a href="https://1851franchise.com/franchise-development-leaders-european-wax-centers-jean-grossman-2711359">European Wax Center</a> and others.&nbsp;<h3>How Many Uni K Wax Locations Are There?</h3>Uni K Wax was founded in 1993 by&nbsp;<a href="https://www.linkedin.com/in/noemi-grupenmager-33763828?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Noemi Grupenmager</a>, an entrepreneurial immigrant from Argentina who was frustrated by the inadequate waxing options she found for her daughters. The flagship location in Miami, which was considered the first-ever studio dedicated solely to waxing, became a massive success.&nbsp;In 2007, the Uni K Wax brand began its franchising journey and has since expanded to include 32 franchised and two corporate locations in states including Florida, New York, New Jersey and Texas. In 2023, Grupenmager decided to retire and sell the company.&nbsp;<a href="https://www.prnewswire.com/news-releases/exaltare-acquires-uni-k-wax-with-heather-elrod-301842886.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Exaltare Capital Management</a>, a Boston-based private equity firm with a focus on franchise and multi-unit businesses and&nbsp;<a href="https://www.linkedin.com/in/heather-elrod-a32a5746?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Heather Elrod</a>, former Amazing Lash CEO and Managing Partner at&nbsp;<a href="https://www.linkedin.com/company/conscious-capital-growth?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Conscious Capital Growth</a>, acquired the Uni K Wax brand.&nbsp; Fueled by a recent acquisition and the backing of the franchise growth experts like Elrod (who brings an impressive 30-year franchising resume to the brand) and Exaltare Capital, Uni K Wax is set for massive expansion, aiming to add 30 to 50 locations per year in markets like Texas, Arizona, Florida, Colorado, Ohio, North Carolina, South Carolina, Massachusetts, Tennessee and Nevada.<h3>What Is the Uni K Wax Business Model?</h3>Uni K Wax franchisees deliver unique face and body hair removal products and services to their community. The brand’s hallmark ElastiKWax™, crafted from beeswax combined with a distinctive pine tree resin, presents an eco-conscious alternative to traditional painful waxing techniques. Its flexibility allows for quicker waxing of several body parts at once. Additionally, each location features a Wax Lab™, managed by a specialist, ensuring optimal wax mixture and minimal waste. Clients are provided with a wax warmer specific to them. Professionals, accredited from the Uni K Academy, undergo rigorous training to ensure uniform, top-tier results with every visit. Owing to its specialized service approach, the Uni K Wax design requires smaller rooms than typical industry standard.<h3>How Much Can a Uni K Wax Franchise Owners Make?</h3>Top Uni K Wax studios grossed over $1.3 million in 2023, with the system’s top studio grossing $1.7 million, according to the brand’s most recent FDD.&nbsp;<h3>How Much Does It Cost to Open a Uni K Wax Franchise?</h3>The total investment necessary to begin operation of a Uni K Wax Studio ranges from $390,135 to $650,345, depending upon the size of the location and the type of market in which it is located. Start-up costs include:<ul><li>Initial Franchise Fee: $45,000</li><li>Initial Training Fee: $5,000</li><li>Training Expenses (Management Training): $1,500 to $6,000</li><li>Training Expenses and Additional Training Fees (Waxer Certification Training):<ul><li>Option 1: $5,400 to $9,450</li><li>Option 2: $2,000 to $3,800</li><li>Option 3: $3,500 to $6,300</li></ul></li><li>Real Estate Management Fee: $5,000</li><li>Project Management Fee: $14,500</li><li>Site Survey: $2,000 to $3,000</li><li>Lease Deposit &amp; 3 Months’ Rent: $24,600 to $68,000</li><li>Architect Fees: $10,500 to $16,500</li><li>Construction &amp; Leasehold Improvements: $139,000 to $265,000</li><li>Signage &amp; Digital Graphics: $12,300 to $19,600</li><li>Furniture, Fixtures &amp; Millwork: $57,580 to $87,200</li><li>Startup Package: $16,000 to $22,245</li><li>Technology Systems: $11,755 to $14,300</li><li>Grand Opening Advertising: $15,000</li><li>Utility Deposits: $150 to $250</li><li>Licenses and Permits: $1,500 to $2,500</li><li>Professional Fees: $2,000 to $7,000</li><li>Insurance (12 Months’ Premium): $1,500 to $3,000</li><li>Preopening Payroll: $2,250 to $4,800</li><li>Additional Funds (3 Months): $21,000 to $37,000</li></ul><h3>What Is the Franchise Fee for Uni K Wax?</h3>The franchise fee for Uni K Wax is $45,000.<h3>Who Is the Leadership of Uni K Wax?</h3><ul><li><a href="https://www.linkedin.com/in/noemi-grupenmager-33763828?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Noemi Grupenmager</a> - Founder at Uni K Wax</li><li><a href="https://www.linkedin.com/in/heather-elrod-a32a5746?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Heather Elrod</a> - Executive Chair at Uni K Wax</li><li><a href="https://www.linkedin.com/in/kathyheasley/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Kathy DeGrandi Heasley</a> - Advisory Partner at Conscious Capital Growth</li><li><a href="https://www.linkedin.com/in/nancy-florian-88078511/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Nancy Florian</a> - Brand Manager at Uni K Wax</li><li><a href="https://www.linkedin.com/in/omar-simmons-133559?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Omar Simmons</a> - Managing Partner &amp; Founder at Exaltare</li></ul><h3>What Helpful Articles Can I See to Learn More About Uni K Wax?</h3><ul><li><a href="https://www.prnewswire.com/news-releases/exaltare-acquires-uni-k-wax-with-heather-elrod-301842886.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Exaltare Acquires Uni K Wax with Heather Elrod</a></li><li><a href="https://unikwax.com/about-us/press/uni-k-wax-founder-noemi-grupenmager-necessity-is-the-mother-of-invention/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Uni K Wax founder Noemi Grupenmager: Necessity is the mother of invention</a></li><li><a href="https://nbdispatch.com/how-one-woman-reinvented-a-hot-niche-in-the-beauty-business-and-built-a-franchising-empire/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">How One Woman Reinvented a Hot Niche in the Beauty Business — and Built a Franchising Empire</a></li><li><a href="https://www.franchising.com/news/20210405_visionary_leadership_helps_uni_k_wax_franchise_survive_coronavirus_crisis.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-uni-k-wax-costs-fees-profit-and-data-2724004" target="_blank" rel="nofollow">Visionary Leadership Helps Uni K Wax Franchise Survive Coronavirus Crisis</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Uni K Wax Costs, Fees, Profit and Data

1851 Franchise

With a proprietary wax that allows for faster application, smaller room sizes and heightened comfort, Uni K Wax aims to redefine a booming industry. 


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Franchise Deep Dive: Uni K Wax Costs, Fees, Profit and Data

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