Waxing the City FDD: What Changed from 2025 to 2026
The 2026 Waxing the City FDD lifts the low end of the Item 7 estimated initial investment from $310,774 to $339,945 (+$29,171, +9.4%) while the high end eases $225 to $646,195; the system adds 1 studio to 167.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $310,774 | $339,945 | +$29,171 |
| High end of range | $646,420 | $646,195 | −$225 |
| Full range | $310,774–$646,420 | $339,945–$646,195 |
The Item 7 floor lifts by $29,171 between filings while the ceiling is essentially unchanged, narrowing the overall investment band from $335,646 to $306,250.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 166 | 167 | +1 (+0.6%) |
Waxing the City reports 167 studios in the 2026 FDD, up 1 from 166 in the 2025 filing.
Item 19 — Financial Performance Representations
Waxing the City included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Item 6 — Ongoing Fees
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Royalty rate | 6% | 6% | unchanged |
The ongoing royalty rate remains 6% of Gross Sales between filings; the initial franchise fee is unchanged at $42,500.
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