Startup costs from franchise filings

How much does it cost to open a waxing studio?

Opening a waxing studio costs $339,945 to $646,195, going by the 3 waxing franchises whose current disclosure documents are on file in Minnesota: those are the medians of their low and high estimates for one new location, from the franchise fee to the first months of working capital. The biggest single cost is build-out and construction, typically $143,325 to $290,220. An owner opening independently pays no franchise fee and can often spend less on the space, which the budget below lets you test line by line.

Typical range
$339,945 to $646,195
Lowest to highest filed
$331,600 to $776,950
Filings compared
3 brands

Read from Minnesota's franchise registry on October 16, 2026. Build your own budget ยท Download every line (CSV)

By brand

What 3 waxing franchises say it costs to open

Item 7 of each franchise disclosure document, the legally required estimate of the initial investment for one new location, low and high.

BrandTotal initial investmentFranchise feeBuild-outUnit described
European Wax CenterFDD issued Apr 2026$331,600 to $776,950$36,000 to $45,000$147,000 to $386,000about 1,400 sq ft, 5 to 6 rooms
Radiant WaxingFDD issued Mar 2025$387,788 to $554,947$50,000$143,325 to $238,3501,200 to 1,800 sq ft
Waxing the CityFDD issued Mar 2026$339,945 to $646,195$42,500$114,200 to $290,2201,200 to 2,000 sq ft, 4 to 6 rooms

By cost

Where the money goes when you open a waxing studio

The median low and high of each kind of cost across these brands. A brand that folds a cost into another line is left out of that line's median, so the lines are a checklist, not a sum.

CostMedian low to highBrands
Build-out and constructionLeasehold improvements, plumbing, electrical, flooring, lighting and finishes, less any landlord allowance.$143,325 to $290,2203
Furniture, fixtures and equipmentChairs, stations, shampoo units, treatment beds or devices, reception and waiting furniture.$39,405 to $59,8093
SignageExterior sign and interior graphics.$13,020 to $23,0003
Computers, POS and softwarePoint of sale, computers, phones, music and security systems, software set-up.$13,084 to $31,4123
Opening supplies and retail stockBackbar and service supplies, linens, sanitation, retail products for the shelf.$23,400 to $31,6003
Grand opening marketingPre-opening and launch advertising, promotions and events.$20,000 to $25,0003
Rent and deposits before openingSecurity deposit, rent before opening, utility deposits.$6,700 to $13,6503
Professional fees, permits and licensesArchitect and design, legal and accounting, building permits, business and establishment licenses.$13,000 to $31,5903
InsuranceFirst premiums or deposits for liability, property and workers' compensation cover.$2,550 to $2,8503
Working capital (first months)Cash to cover payroll, rent and bills until the business pays for itself, usually the first three months.$34,600 to $75,0003
Other opening costsTravel, utilities set-up, uniforms and costs the filing does not put elsewhere.$4,270 to $7,1001
Franchise feeFranchisees only. The one-time fee paid to the franchisor for the right to open.$42,500 to $45,0003
Franchise training and travelFranchisees only. Travel and living costs to attend the franchisor's training.$3,200 to $4,6003

Your budget

Budget a waxing studio of your own

Start from the filed medians, without the franchise fee or the franchisor's training travel, and replace each line with your own quotes.

What are you opening?
Start from

Each line starts at the middle of the brands' low estimates across 3 filed waxing studio disclosures, with franchise-only costs left out. Replace any figure with your own quote; switching the business or the starting point resets the lines.

Build-out and construction

Leasehold improvements, plumbing, electrical, flooring, lighting and finishes, less any landlord allowance.

$143,325 to $290,220median of 3 filings

$

Furniture, fixtures and equipment

Chairs, stations, shampoo units, treatment beds or devices, reception and waiting furniture.

$39,405 to $59,809median of 3 filings

$

Signage

Exterior sign and interior graphics.

$13,020 to $23,000median of 3 filings

$

Computers, POS and software

Point of sale, computers, phones, music and security systems, software set-up.

$13,084 to $31,412median of 3 filings

$

Opening supplies and retail stock

Backbar and service supplies, linens, sanitation, retail products for the shelf.

$23,400 to $31,600median of 3 filings

$

Grand opening marketing

Pre-opening and launch advertising, promotions and events.

$20,000 to $25,000median of 3 filings

$

Rent and deposits before opening

Security deposit, rent before opening, utility deposits.

$6,700 to $13,650median of 3 filings

$

Professional fees, permits and licenses

Architect and design, legal and accounting, building permits, business and establishment licenses.

$13,000 to $31,590median of 3 filings

$

Insurance

First premiums or deposits for liability, property and workers' compensation cover.

$2,550 to $2,850median of 3 filings

$

Working capital (first months)

Cash to cover payroll, rent and bills until the business pays for itself, usually the first three months.

$34,600 to $75,000median of 3 filings

$

Other opening costs

Travel, utilities set-up, uniforms and costs the filing does not put elsewhere.

$4,270 to $7,100median of 1 filing

$

Your startup budget

$313,600

Franchised waxing studio units disclose a median of $339,945 to $646,195, franchise fee included.

Reading the filings

What these numbers mean for a waxing studio

  • Waxing studios are built around private treatment rooms (Waxing the City plans four to six in 1,200 to 2,000 sq ft), and the build-out is the largest cost at $143,325 to $290,220.
  • Wax, supplies and retail stock make a bigger opening line than in a hair salon: $23,400 to $31,600 at the median.
  • An esthetician starting alone can open far smaller: one room in a salon suite, a wax heater, a treatment bed and supplies, plus the state license.

Questions

Opening a waxing studio: costs, answered

How much does it cost to open a waxing studio?
The 3 waxing franchises with current filings in Minnesota put the initial investment for one new location at $331,600 to $776,950; the middle of their low and high estimates is $339,945 to $646,195. Those figures include the franchise fee, the build-out, equipment, opening stock, deposits and about three months of working capital.
What is the biggest startup cost for a waxing studio?
Build-out and construction: the filings put it at a median of $143,325 to $290,220, ahead of working capital (first months) at $34,600 to $75,000. Get quotes for those lines first, because they move the total more than everything else combined.
How much working capital do you need to open a waxing studio?
The brands that list it budget a median of $34,600 to $75,000 in additional funds, usually described as the first three months of operation: payroll, rent and bills before the business pays for itself. Lenders expect to see this cushion in the plan.
Is it cheaper to open a waxing studio without a franchise?
Usually. The franchise fees here run $36,000 to $50,000, and the filings describe new locations built to a brand's design standards. An independent owner skips the fee and can take over a space that was already a salon, buy equipment second-hand and spend less on the opening, but carries the risk without the brand's systems. Start the budget above from the Lean figures and replace each line with a real quote.

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Cost to open a waxing studio in 2026 | SalonAI