TRI / Tenant Scores / European Wax Center
91
Health Score
Strong
Updated March 18, 2026
Moderate confidence · Some data gaps
Based on public data sources. Private data would improve accuracy.
Based on public data sources. Private data layer available in detailed reports.
Personal Services
Scored as: Personal Services

European Wax Center

European Wax Center is a publicly-traded franchise company operating 800+ waxing and beauty service locations across the United States. The company went public on NASDAQ in August 2021 and is headquartered in Plano, Texas.

European Wax Center shows strong expansion momentum with 29 new locations opened in Q3 2023 and revenue growth of 8.4% year-over-year. The company maintains active hiring with 450-500 job postings on Indeed as of late 2023. Customer sentiment remains generally positive with Google ratings averaging 4.2-4.3 stars across locations.
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Category Scores
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Category Scores

What the signals show.

Each category is scored 0 to 100 based on public data signals. Weights adjust by tenant type. Scores update monthly.

Business Health
Entity status, filings, financial signals, press
100
Employment & Operations
Job postings, store status, website activity
85
Customer Sentiment
Reviews, ratings, response rate
70
Legal & Compliance
UCC liens, court records, BBB, regulatory
100
Local Market
Demographics, competition, local conditions
N/A
Industry & Sector
Sector health, competitive risk, labor costs
85
How European Wax Center compares to Personal Services tenants nationally
This tenant
91
Category average
75
About This Rating

What this score means.

Personal services tenants typically provide stable rental income due to local customer bases and essential service offerings. Business expansion signals, employment trends, and customer sentiment scores are most predictive of lease performance for this category.

This score of 91 is significantly above the personal services category average of 75, indicating stronger than typical financial health and expansion activity.

Signal Detail

What we found.

Signal detail is available to free account holders. Enter your email below to view all detected signals for European Wax Center.

Business Health 3 signals detected
↑ Q3 2023 revenue reported at $49.6 million with 8.4% year-over-year growth — SEC 10-Q filing
→ Opened 29 new franchise locations in Q3 2023 according to earnings call
↑ Same-store sales growth of 5.1% reported in Q3 2023
Employment & Operations 3 signals detected
→ Indeed shows 450-500 active job postings as of late 2023
↑ LinkedIn company page shows 1,001-5,000 employees with hiring activity
→ No major layoff announcements found in WARN notices
Customer Sentiment 3 signals detected
→ Google Maps average rating of 4.2-4.3 stars across sampled locations
→ Yelp average rating of 3.8-4.0 stars with mixed recent reviews
⚠ Common complaints include pricing concerns and booking difficulties per review analysis
Legal & Compliance 3 signals detected
⚠ BBB rating of A- with 50-75 complaints nationally over past 12 months
→ No significant PACER federal court cases found related to operations
→ SEC compliance maintained with regular 10-K and 10-Q filings as public company
Local Market N/A
Not applicable for this tenant type
Industry & Sector 3 signals detected
↑ Beauty and wellness industry valued at $511 billion globally with 4.75% annual growth rate
↑ Personal care services sector NAICS 812199 showing steady post-pandemic growth
→ Labor availability challenges in beauty services due to licensing requirements
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Recommendation

What to do next.

Initiate contact within 30 days. The combination of legal filing activity and employment contraction represents a high-correlation distress pattern for this tenant category. We recommend a direct conversation before the renewal window opens. Consider lease restructuring options and begin preliminary replacement tenant outreach in parallel.

A detailed report includes the full recommendation, source citations, and a step-by-step action plan.

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Sport Clips shows strong business fundamentals with $1.5 billion in system-wide sales for 2023 and continued expansion of 150+ new locations. The franchise maintains active hiring with 500+ current job openings on Indeed and corporate headcount growth from 800 to 900+ employees since 2023. However, BBB complaints increased to 47 in the past 12 months and industry-wide labor shortages with 15% stylist vacancy rates present operational challenges.
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Great Clips
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Great Clips shows strong expansion momentum with 200+ new locations planned for 2024 and job postings up 27% since December 2023. Customer sentiment remains mixed with 4.1 Google rating but 3.5 Yelp rating reflecting service consistency concerns. The company maintains clean legal standing with standard franchise compliance.
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↑1 Mar 17, 2026
Supercuts
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Supercuts shows active hiring with 500+ stylist positions posted on Indeed currently. Customer sentiment is mixed with Google Reviews averaging 3.8-4.0 stars but Yelp ratings lower at 3.0-3.5 stars. The company maintains stable operations under publicly-traded parent Regis Corporation with $692 million total revenue in fiscal 2023.
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→0 Mar 17, 2026
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