Multi-Unit Franchisee Magazine Special Edition | Page 80

MULTI-UNIT Buyer’s Guide FOOD Fast Franchise Facts Franchising Since: 2014 Multi-Unit Franchisee Operating Units: 0 Total Franchise Operating Units: 0 Company Operating Units: 7 Qualificationss This investment is suitable for well-capitalized franchisees. Qualified candidates should possess a minimum net worth of $3M and liquid assets of at least $1M. Up to 50% financing is available to qualified candidates. Demographics Waxys attracts a young, professional and affluent demographic. We aim to develop an expansion strategy on a state-by-state basis while paying attention to demographics, market trends and saturation points. 78 Capital Investment: $750,000 - $3,000,000 Franchise Fee (per unit): $50,000 Royalty Fee (per unit): 6% Advertising Fee (per unit): 2.5% Earnings Claims: No Build-Out Options: Freestanding, mall, airport, second-generation restaurant conversions Available Territories: Franchising territories available throughout the United States. OPPORTUNITY Description Waxys is an exciting high-end bar-and-restaurant concept with a long history of success in the markets it operates in. With locations across five states, Waxys has proved that it can expand nationwide, while maintaining the local feel that has really made it famous. Waxys franchisees benefit from access to central support systems and an executive management team with many decades of operating experience in the restaurant and wider hospitality industry. Contact SITE LOCATION [email protected] Franchisees will have access to our network of leading specialized national brokerage firms. Development and construction assistance provided. waxys.com Assistance MULTI-UNIT BUYER’S GUIDE 2015 MUBG2015_listings_4.indd 78 3/18/15 11:02 AM