WHAT IS STRIP WAX BAR FRANCHISE?
The STRIP WAX BAR Franchise offers a fast, hygienic, advanced and professional hair removal treatments, for men and women, as well as other popular beauty treatments including lash/brow services, making it an ideal service for anyone who wants long lasting results and high- end beauty treatments. Strip Wax Bar serves multicultural middle to high-end income customers. The size of a typical Strip Wax Bar is between 800sq.ft (80 sq metre) to 1,100. (110 sq metre).
DO I HAVE TO WORK FOR THE COMPANY BEFORE I CAN TAKE ON THE FRANCHISE?
No, it is not mandatory to work for the company before taking up an Strip Wax Bar franchise. Our training is quite comprehensive to ensure that you feel confident in taking on the brand in your market.
WHY START A STRIP WAX BAR?
Strip Wax Bar is a premium brand that offers exceptional hair removal services and other beauty treatments.
HOW MUCH DOES THE FRANCHISE COST?
The initial franchise fee for a Single Unit is 20,000 GBP.
HOW MUCH IS THE FEE FOR CONTINUING SUPPORTING SERVICES OR “ROYALTY FEE”?
The continuing services, or “royalty fee,” is 6% of your gross sales and is paid monthly. As a franchisee, you are expected to spend a minimum of 2% on Local Store Marketing and 2% as contribution towards the National Marketing Fund.
WHAT IS THE TERM OF THE STRIP FRANCHISE AGREEMENT?
The initial term of the Franchise Agreement is 10 years from the date the Franchise Agreement is signed. The franchise agreement is renewable for additional terms thereafter.
WHAT ABOUT ADVERTISING COST?
Strip gives exclusive license to the use of the Strip marketing and operational systems for franchisees. Strip name and reputation is an important part of our business. The franchisee needs to spend a minimum of 2% of your gross sales per month on advertising. Our franchise partners receive access to a comprehensive online digital library as well as special rates with our agency partners, thereby eliminating the need for a full time Marketing Manager..
WHAT IS THE TRAINING AND SUPPORT PROVIDED IN THE STRIP FRANCHISE SYSTEM?
Strip believes that training is a fundamental part to making your franchise a success. Our team, who come with a wealth of international experience have developed a training programme second to none that is suited to all markets
– Management Training
– On Site Technical Skills Training
CAN I HAVE INVESTORS?
Yes, you can have investors, as a franchisor we ask you to share an updated list of shareholders every time there is a change.
WHAT ARE THE NEXT STEPS?
First, fill out an application and review our executive summary. This will prepare you for your first phone conversation with the Strip franchise manager. One of our franchise representatives will the reach out to you to set up a phone conversation to explore the possibility of a store visit as well as an in person meeting. We will then work with you to prepare the feasibility and take it ahead from there.