Lay Bare Waxing Salon

Health & Fitness Beauty related services

Franchise Summary

Description

The franchise described is known as “Lay Bare Waxing Salon”™ (“Lay Bare”). Lay Bare is involved in the business of hair removal services using a cold sugar wax jelly which is often referred to in the United States as “sugaring”. Lay Bare Franchisees provide hair removal services.

Company Background

Lay Bare is a waxing salon franchise that offers services such as sugaring, threading, and eyebrow shaping. The company was founded in 2005 by Lorie Shook with the goal of providing high-quality hair removal treatments for women. Lay Bare has since expanded to over 150 locations across North America and continues to grow.

Franchise Opportunity

Waxing is a great way to remove hair from the body, but it can be painful and intimidating. At Lay Bare we take all of the pain out of waxing by using our one-of-a-kind cold sugar wax formula that gives you smooth skin without any irritation. Our salon provides a clean and comfortable environment where you can relax while our expert technicians quickly remove your unwanted hair leaving behind silky smooth skin in as little as 10 minutes! Stop putting off your next appointment with us at Lay Bare Waxing Salon, because we're sure once you try our service, you'll become a loyal customer for life! We have over 100 locations nationwide so there's always one near you. Find the location nearest to you today or call us at 1-(800)-LAYBARE (529-2273).

Corporate Structure

We were organized as a Limited Liability Company in Texas on January 25, 2018. We have no parents. Our principal business address is 12444 Ventura Blvd., Suite 103, Studio City, CA 91604. We do business under Our company name and the names “Lay Bare”, “Lay Bare Franchising”, and “Lay Bare Waxing Salon”. We have offered franchises since February 6, 2018.

Investment and Franchisee Fees

The total investment necessary to begin operation of a Lay Bare Single Unit franchised business is $122,600.00 to $270,900.00. This includes an Initial Fee of between $20,000.00 to $35,000.00 to secure Your chosen territory, as described in Item 5 below. The total investment necessary to begin operation of a Lay Bare Area Development franchise business is $205,100.00 to $421,000.00. This includes the $15,000.00 or $25,000.00 Area Development Fee, the Initial Fee for the first unit, and additional discounted Initial Franchise Fees for the additional Units You want to develop that must be paid to Us at the time You sign the Area Development Agreement.

Royalties and Marketing Fees

Royalties : 6.0% - 7.0% of revenue

Employee Contact Database

#	Name	Position	Phone Number	Email Address

Lay Bare Waxing Salon Franchise System Development in 2019

FAQ

How much investment do I need to start my own Lay Bare Waxing Salon business?

Franchisees typically require at least $122 to $421 investment to get their Lay Bare Waxing Salon business started

What are the initial franchise fees for Lay Bare Waxing Salon?

Franchisees typically need to pay at least $15 in fees directly to Lay Bare Waxing Salon in order to earn the right to launch their business

How much money can I make with a Lay Bare Waxing Salon franchise? What are the average revenues for a typical Lay Bare Waxing Salon business?

We haven’t done the math on how much revenue a typical Lay Bare Waxing Salon brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,475 revenue, so we would expect Lay Bare Waxing Salon to generate a similar amount

How long do I need to commit to running a Lay Bare Waxing Salon unit? What is my contractual commitment?

Lay Bare Waxing Salon franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10

The Franchisor's investment costs ranges from $347,750 to $925,000 which is Much Higher than the $0 to $0 average in the Beauty related services industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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