European Wax Center Earns Dual Honors from Entrepreneur as a Top Multi-Unit Franchise and Best of the Best Franchise

Rhea-AI Summary

European Wax Center (NASDAQ: EWCZ), the leading out-of-home waxing services franchisor, has achieved significant recognition in Entrepreneur Magazine's 2025 franchise rankings. The company secured a top 20 position in the Top Franchises for Multi-Unit Owners list, improving from its 2024 ranking, and maintained its position as the top waxing franchise in the Best of the Best Franchises list.

CEO Chris Morris highlighted that the majority of their franchisees are multi-unit owners, with 20% operating five or more centers. The company, which has over 1,000 locations nationwide, provides comprehensive support to franchisees, including training, marketing, real estate guidance, and guest retention tools.

Positive

• Recognition as a top 20 brand for multi-unit franchise owners by Entrepreneur Magazine
• Named top waxing franchise in the Best of the Best Franchises list
• Strong multi-unit ownership with 20% of franchisees operating 5+ centers
• Extensive network of over 1,000 locations nationwide

Negative

• None.

News Market Reaction

+3.27%

1 alert

+3.27% News Effect

On the day this news was published, EWCZ gained 3.27%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PLANO, Texas, July 22, 2025 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services, has been recognized in two of Entrepreneur Magazine's most coveted lists for franchises—the 2025 Top Franchises for Multi-Unit Owners and Best of the Best Franchises.

European Wax Center ranked among the top 20 brands on Entrepreneur's Top Brands for Multi-Unit Owners list, rising several spots from its 2024 ranking. The brand was also honored once again in the prestigious Best of the Best Franchises list as the top waxing franchise in the industry. Both rankings are currently live on entrepreneur.com and will be featured in the July/August issue of Entrepreneur magazine.

"This year's Entrepreneur rankings reflect the strength of our model and the confidence multi-unit owners have in the European Wax Center brand," said Chris Morris, Chief Executive Officer of European Wax Center. "The majority of European Wax Center franchisees are multi-unit owners, and a fifth of those owners operate five or more centers. We're proud to offer one of the best franchises for multi-unit owners, backed by a scalable model and strong brand equity."

European Wax Center franchisees benefit from robust support, including comprehensive training, multi-channel marketing, real estate guidance, and guest retention tools. As the trusted name in waxing with over 1,000 locations nationwide, European Wax Center remains a leading franchise opportunity for entrepreneurs looking to diversify their portfolios with a category-defining brand. 

For more information about franchising with European Wax Center, 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 includes more than 1,000 centers in 45 states, generated sales of $951 million in fiscal 2024. For more information, including how to receive your first wax free, please visit: https://waxcenter.com.

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SOURCE European Wax Center

FAQ

What rankings did European Wax Center (EWCZ) receive from Entrepreneur Magazine in 2025?

European Wax Center received dual honors: ranking in the top 20 of Top Franchises for Multi-Unit Owners and being named the top waxing franchise in the Best of the Best Franchises list.

How many European Wax Center locations are there in 2025?

European Wax Center operates over 1,000 locations nationwide.

What percentage of European Wax Center franchisees own multiple locations?

The majority of European Wax Center franchisees are multi-unit owners, with 20% operating five or more centers.

What support does European Wax Center provide to its franchisees?

European Wax Center provides comprehensive support including training, multi-channel marketing, real estate guidance, and guest retention tools.