PLANO,
Texas, Jan. 16, 2025 /PRNewswire/
-- European Wax Center (NASDAQ: EWCZ), the leading franchisor
and operator of out-of-home waxing services in the United States, has been recognized in
Entrepreneur's Franchise 500® as the #1 franchise in the waxing
category for the fourth year in a row.
As the world's first and most comprehensive franchise ranking,
the annual Entrepreneur Franchise 500® has been a highly
sought-after honor in the franchise industry and recognized as an
invaluable resource for potential franchisees. The 2025 Franchise
500® list ranks European Wax Center as #62 out of 500 and the #1
franchise in the waxing category for its outstanding performance in
unit growth, financial strength and stability, and brand power. To
view European Wax Center in the full ranking, visit
www.entrepreneur.com/franchise500.
"The Franchise 500 is more than a list. It's really a collection
of life-changing opportunities, featuring strong and resilient
brands that future franchisees will be proud to be a part of," says
Jason Feifer, Editor-in-Chief of Entrepreneur magazine. "This
year's honorees represent the bold ideas, operational excellence,
and adaptability that make franchising a cornerstone of
entrepreneurial success."
As the largest provider of waxing services in the United States, European Wax Center offers
a full suite of waxing services in more than 1,000 locations
nationwide. In addition to waxing, the "Experts in Smooth" recently
added Eyebrow Tint to its service portfolio and laser hair removal
in specific markets.
"To be recognized for the fourth consecutive year in
Entrepreneur's Franchise 500 List as the #1 waxing franchise is an
honor for all of us at European Wax Center," said Chris Morris, Chief Executive Officer of
European Wax Center. "Our one-of-a-kind business model is
well-positioned to maximize opportunities in 2025 and we look
forward to continue driving value for our franchisees,
shareholders, and associates."
In Entrepreneur's ongoing effort to better understand and assess
the ever-evolving franchise marketplace, the company's 46-year-old
ranking formula is also adapting. The editorial team investigates
and evaluates several factors, including costs and fees, size and
growth, support, brand strength, and financial health and
stability. Each franchise is assigned a cumulative score based on
an analysis of over 150 data points, and the 500 franchises with
the highest cumulative scores comprise the Franchise 500® in ranked
order.
Over 46 years, the Franchise 500® has established itself as a
leading competitive benchmark for franchisors and a key research
resource for prospective franchisees. European Wax Center's
position on the ranking is a testament to its strength as a
franchise opportunity.
To learn more about opening a European Wax Center franchise,
please visit https://waxcenter.com/pages/ewc-franchise-page.
About European Wax Center, Inc.
European Wax Center, Inc. (NASDAQ: EWCZ) is the leading
franchisor and operator of out-of-home waxing services in
the United States. European Wax
Center locations perform more than 23 million services per year,
providing guests with an unparalleled, professional personal care
experience administered by highly trained wax specialists within
the privacy of clean, individual waxing suites. The Company
continues to revolutionize the waxing industry with its innovative
Comfort Wax® formulated with the highest quality ingredients to
make waxing a more efficient and relatively painless experience,
along with its collection of proprietary products to help enhance
and extend waxing results. By leading with its values – We Care
About Each Other, We Do the Right Thing, We Delight Our Guests, and
We Have Fun While Being Awesome – the Company is proud to be
Certified™ by Great Place to Work®. European Wax Center, Inc. was
founded in 2004 and is headquartered in Plano, Texas. Its network, which now includes
more than 1,000 centers in 45 states, generated sales of
$955 million in fiscal 2023. For more
information, including how to receive your first wax free, please
visit: https://waxcenter.com.
CONTACT: Shannon Powell, Zeno
Group, shannon.powell@zenogroup.com, 312-752-6851
View original content to download
multimedia:https://www.prnewswire.com/news-releases/european-wax-center-named-1-franchise-in-category-in-2025-entrepreneurs-franchise-500-list-302352570.html
SOURCE European Wax Center