Unitnomics

Franchises · 2026 FDD · Wisconsin DFI filing 641625

European Wax Center franchise cost, unit revenue and closures

Opening a European Wax Center cost $331,600 to $776,950 in the 2026 FDD; the median unit sold $1,123,886 in the franchisor's fiscal 2025, ended 2026-01-03 figures; 6.3% of franchised units closed over three years.

Franchisor: EWC Franchisor LLC. FDD issued 2026-04-23, amended 2026-05-19. Fiscal year end 2026-01-03. Figures re-found on the cited page 2026-11-04.

What a unit costs to open

Initial investment range$331,600 – $776,950Item 7, p. 20
Midpoint (site arithmetic)$554,275(low + high) ÷ 2

single Franchised Center under a Franchise Agreement; under a Development Agreement the first Center totals $367,600 to $938,950 (page 25).

What a unit pays the franchisor

Initial franchise fee$45,000Item 5, p. 11
RoyaltyRoyalty Fee 6.00% of Gross Sales, weeklyItem 6, p. 13
Advertising fundMarketing Fund Contribution 3.00% of Gross Sales, monthlyItem 6, p. 13

first Franchised Center ($36,000 for existing franchisees); a Development Fee of $72,000 to $207,000 covers three or more Centers.

What a unit sells

Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.

Median unit revenue$1,123,886Item 19, p. 68
Average$902,437449 units (43.7%) at or above
MeasureGross Sales, fiscal 2025, all franchise locations open the whole year (All Reporting Centers column)
Sample1,028 units: 1,028 of the 1,042 franchise locations open at 2026-01-03 that operated all of fiscal 2025, in quartiles; excludes 12 opened in 2025, 2 relocated and 32 that closed; the 724 Mature Centers (60+ months) average $1,024,725 (median $967,104); the printed All Reporting Centers median ($1,123,886) exceeds its average as filed
Periodfiscal 2025, ended 2026-01-03
High / low$2,420,856 / $135,136

Revenue to investment

Median revenue ÷ investment midpoint2.03$1,123,886 ÷ $554,275
At the low and high end of Item 73.39 / 1.45÷ $331,600 and ÷ $776,950

Formula: Item 19 median / Item 7 single Center total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.

How many units open and close

Franchised units202320242025
Start of year9381,0381,062
Opened1074312
Terminated000
Not renewed000
Reacquired by franchisor000
Ceased, other reasons72032
End of year1,0381,0621,042
Company-owned, end of year655

Item 20, Table 1 p. 69; Table 3 totals p. 75.

Three-year closure rate6.29%59 closures ÷ 938 at start of 2023
Three-year net change, franchised+104 (11.1%)end 2025 − start 2023

Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.

As filed: the 2024 row does not sum (1,038 + 43 - 20 = 1,061, printed 1,062 with an asterisk); 2023 and 2025 sum.

Source and method

Every figure above comes from the European Wax Center Franchise Disclosure Document issued 2026-04-23 and amended 2026-05-19, as filed with the Wisconsin Department of Financial Institutions (filing 641625, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.

Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.

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