Phenix Salon Suites vs Waxing the City
Compare franchise fees, investment range, royalties, SBA lending performance, unit growth, and Item 19 transparency with a permanent shareable URL.
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Phenix Salon Suites
Beauty/Salon
Investment
$721K to $1.4M
Franchise fee
$52,500
Item 19 status
Full Disclosure
Units
356
Waxing the City
Beauty/Salon
Investment
$311K to $646K
Franchise fee
$42,500
Item 19 status
Revenue Only
Units
17
Lower entry cost
Leans right
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Leans left
Treat low-loan brands carefully, sample size matters.
| Metric | Phenix Salon Suites | Waxing the City |
|---|---|---|
Franchise Fee | $52,500 | $42,500 |
Min Investment | $721K | $311K |
Max Investment | $1.4M | $646K |
Royalty Rate | 0.2% | 6.0% |
Ad Fund Rate | 0.1% | 0.0% |
Total Ongoing Burden Royalty plus ad fund when available. | 0.3% | 6.0% |
Median Revenue (Item 19) | $426K | $489K |
Cash-on-Cash Return Estimated when revenue and margin assumptions are available. | 8.6% | 16.3% |
Payback Period | 11.6 yrs | 6.1 yrs |
Revenue per Dollar Invested | 0.40x | 1.02x |
Franchised Units | 356 | 17 |
1-Year Net Unit Change | 24 | -16 |
Net Unit Growth Rate | 7.5% | -106.7% |
Net Closure Rate Net closure proxy based on disclosed unit change. | N/A | 48.5% |
SBA Default Rate | 0.0% | 16.0% |
SBA Loan Count Use this to judge whether SBA default data is statistically meaningful. | 3 | 121 |
Average SBA Loan Size | $711K | $328K |
Item 19 Status | Full Disclosure | Revenue Only |
Has Item 19 | ✓ Yes | ✓ Yes |
Data Quality Score | 100 | 100 |
What stands out
- • Phenix Salon Suites opens at $721K to $1.4M, while Waxing the City ranges from $311K to $646K.
- • Phenix Salon Suites shows an Item 19 disclosure; Waxing the City shows an Item 19 disclosure.
- • Phenix Salon Suites has 356 franchised units versus 17 for Waxing the City.
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Last updated: April 2026