Franchise opportunities compared

    European Wax Center vs IMAGE Studios

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    European Wax Center

    $331,600 – $776,950

    2026 FDD · Item 7 · PDF p. 27

    IMAGE Studios

    $773,392 – $1,734,462

    2026 FDD · Item 7 · PDF p. 21

    Initial franchise fee · Item 5

    European Wax Center

    $0.00

    2026 FDD · Item 5 · PDF p. 18

    IMAGE Studios

    $64,500

    2026 FDD · Item 5 · PDF p. 9

    Royalty · Item 6

    European Wax Center

    6%

    2026 FDD · Item 6 · PDF p. 20

    IMAGE Studios

    6%

    2026 FDD · Item 6 · PDF p. 11

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (European Wax Center: 6, IMAGE Studios: 12). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    European Wax Center

    $331,600 – $776,950
    Single center — TOTAL R
    2026 FDD · Item 7 · PDF p. 27

    IMAGE Studios

    $773,392 – $1,734,462
    Single Franchise Agreement total initial investment — low estimate $773,392
    2026 FDD · Item 7 · PDF p. 21
    Standard initial franchise fee (Item 5)

    European Wax Center

    $0.00
    2026 FDD · Item 5 · PDF p. 18

    IMAGE Studios

    $64,500
    2026 FDD · Item 5 · PDF p. 9
    Royalty (Item 6)

    European Wax Center

    6%
    Royalty Gross Sales weekly
    2026 FDD · Item 6 · PDF p. 20

    IMAGE Studios

    6%
    Royalty — 6% of Gross Revenues or $300 per week minimum, whichever is greater
    2026 FDD · Item 6 · PDF p. 11
    Brand / advertising fund (Item 6)

    European Wax Center

    3%
    Marketing Gross Sales monthly — 3%
    2026 FDD · Item 6 · PDF p. 20

    IMAGE Studios

    $110
    Brand Development Fund — $110 per week minimum, or 2% of Gross Revenues, whichever is greater
    2026 FDD · Item 6 · PDF p. 11

    System scale & health

    Total outlets (Item 20)

    European Wax Center

    1,047
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 76

    IMAGE Studios

    129
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 60
    Net outlet change (Item 20)

    European Wax Center

    +3
    Calculated: 1,044 at end of 2023 → 1,047 at end of 2025

    IMAGE Studios

    +60
    Calculated: 69 at end of 2023 → 129 at end of 2025
    Outlet exits (Item 20)

    European Wax Center

    Not available
    No complete exit records for a year

    IMAGE Studios

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    European Wax Center

    2008
    From a verified franchisor listing

    IMAGE Studios

    2015
    From a verified franchisor listing
    Franchisor founded (Item 1)

    European Wax Center

    Not available
    Not in reviewed records

    IMAGE Studios

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    European Wax Center
    Locations counted not stated in the reviewed record — 1st quartile
    257 centers
    other Number of Centers
    2026 FDD · Item 19 · PDF p. 75
    Locations counted not stated in the reviewed record — 2nd quartile
    257 centers
    other Number of Centers
    2026 FDD · Item 19 · PDF p. 75
    Locations counted not stated in the reviewed record — 3rd quartile
    257 centers
    other Number of Centers
    2026 FDD · Item 19 · PDF p. 75
    +3 more groups in the full report
    IMAGE Studios
    Locations counted not stated in the reviewed record — 10locations opened2019
    5 salons
    other Weekly rent atopening
    2026 FDD · Item 19 · PDF p. 57
    Locations counted not stated in the reviewed record — 13locations opened2022
    $469
    other First-year monthly revenue
    2026 FDD · Item 19 · PDF p. 57
    Locations counted not stated in the reviewed record — 31locations opened2023
    $10,012
    other First-year monthly revenue
    2026 FDD · Item 19 · PDF p. 57
    +9 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    European Wax Center vs IMAGE Studios: common questions

    Which costs less to open, European Wax Center or IMAGE Studios?
    European Wax Center: $331,600 – $776,950 (2026 FDD · Item 7 · PDF p. 27); IMAGE Studios: $773,392 – $1,734,462 (2026 FDD · Item 7 · PDF p. 21). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for European Wax Center. Estimates are not quotes, and the FDD years may differ.
    How do European Wax Center and IMAGE Studios royalties compare?
    European Wax Center: 6% (2026 FDD · Item 6 · PDF p. 20); IMAGE Studios: 6% (2026 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, European Wax Center or IMAGE Studios?
    European Wax Center: 1,047 (2026 FDD · Item 20 · PDF p. 76); IMAGE Studios: 129 (2026 FDD · Item 20 · PDF p. 60). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do European Wax Center and IMAGE Studios disclose financial performance (Item 19)?
    European Wax Center has reviewed Item 19 figures for 6 location groups; IMAGE Studios has reviewed Item 19 figures for 12 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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