FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · ARIZONA

European Wax Centers-Galleria franchise in Arizona: what the public record shows

Franchisees of European Wax Centers-Galleria in Arizona have taken 29 SBA loans since 1991 (average $408,089), and of the 23 loans whose story has ended, 0.0% were charged off — versus 2.3% for European Wax Centers-Galleria nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Arizonavs national

Loans in AZ

29

Resolved

23

Local charge-off

0.0%

National charge-off

2.3%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AZ. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.

Market density · Arizona vs nationalTypical density

Businesses in this industry

1,907

statewide, all operators

Per 100k residents

25.2

national 26.6

Versus the country

-5%

thinner

Every business in European Wax Centers-Galleria's industry operating in Arizona — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.

Same-sector systems with SBA loan history in Arizona7 systems
SystemLoans in AZLocal charge-offUnits in AZ
Planet Beach2652.4%
Fantastic Sams2327.8%
Amazing Lash Studio15thin6
Elements Therapeutic Massage110.0%
SUPERCUTS10thin55
GREAT CLIPS6thin
Hand and Stone Massage and Facial Spa6thin

Same sector, same state, same public records — how European Wax Centers-Galleria compares to the systems a buyer in Arizona would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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