If you’re considering opening a personal care business of your own, it’s important to narrow your focus on what types of services you would like to offer. Waxing studios and full-service spa franchises share a lot in common, but the differences might help you decide which path is right for you and your future.
FULL SPA FRANCHISES
When you think of a day spa, the term “full-service” will include various options to customers based on a number of variables, including location, season, size, employee capabilities, and more. A full-service spa may include everything from waxing to massages, haircuts and color, facials, cosmetic application, manicure/pedicures, and more. By offering a wider variety of services, you may stand to pull in more customers seeking different experiences, but customer retention and frequency of visits might be lower because “luxury services” like massages and facials are commonly viewed as occasional indulgences, as opposed to habitual practices.
Some of the factors associated with the cost of opening and operating a spa franchise:
LOCATION. Spa businesses typically require more square footage, with dedicated spaces available for changing rooms, showers, hair sinks and styling chairs, massage tables, and more. Most full-service spas will require 1,000-2,000 square feet of operational space, not to mention access to an appropriately sized parking lot.
BUILDING IMPROVEMENTS, FURNITURE, FIXTURES, EQUIPMENT, AND DESIGN. Depending on the existing building you choose for your business, modifications will likely need to be made to suit the scope of your spa. These may include everything from plumbing modifications to structural remodeling and interior design. The services you choose to offer will dictate the kind of equipment you will need to invest in.
EMPLOYEE TRAINING. If you choose to buy a spa franchise, a certain level of training will be provided to you and your team members as included in your initial franchise costs. But the level of training, certifications, and licenses required of spa owners and employees vary from state to state depending on the services rendered. Also bear in mind that the more qualified your employees are, the more you will need to compensate them for their skills in order to retain their services.
WAX STUDIO FRANCHISES
The waxing industry accounts for $11 billion in annual sales of the overall $46 billion beauty services market, making it one of the most consistently profitable sections of the industry. By choosing a franchise that specializes in waxing, you have the opportunity to position yourself as a trusted service provider for customers who consider waxing an essential part of their self-care routines. As the nation’s first-ever waxing-only studio concept, Uni K Wax has been carving out its place in the industry and growing business for franchisees since 1993.
The costs of opening a Uni K Wax franchise cover everything from location scouting to studio optimization to training, marketing support, and the advantage of specialized Uni K Wax services and brand-wide waxing and aftercare product lines.
When opening a waxing studio, you’ll still need to consider all of the same factors as if you were opening a full-service spa. However, the size of your space, amount of equipment and required training may not be at the same level as a full-service spa. Waxing studios offer one main service: waxing. It might be appealing to offer lots of services, like a full-service spa, but there are benefits to offering one main service. This will vastly reduce the size of the buildout costs, not to mention the impact it will have on inventory and the number of employees. Waxing only studios may not have the large variety of services a full-service spa will have, but they position themselves as the specialists of waxing. Customers can feel confident visiting the studio knowing that their service will be the highest quality.
As a studio owner, your focus should always be on the health and wellness of your customers. At Uni K Wax, your personal achievements contribute to the greater success of the company as a whole. Opening a studio with Uni K Wax gives you the freedom to prioritize the day-to-day operations of your business while our expert leadership team can keep you on the course for long-term growth.
If you would like to learn more about how Uni K Wax may be the right fit for you, please visit us to learn more about franchising opportunities.