Daniel Sadd Leads Waxxpot’s Franchise Growth by Doubling Its Size with First Multi-Unit Franchise Agreement

Waxxpot signs an 11-unit deal with Waxxhaven LLC for the Cincinnati and northern Kentucky market.

Read the original at Franchising.com
Daniel Sadd Leads Waxxpot’s Franchise Growth by Doubling Its Size with First Multi-Unit Franchise Agreement

TL;DR

Waxxpot signs an 11-unit deal with Waxxhaven LLC for the Cincinnati and northern Kentucky market, doubling its size. Waxxpot CEO Daniel Sadd leads the franchise growth as part of the company's 2021 plan for nationwide growth.

Waxxhaven LLC was formed by a seasoned group of restaurant operators that own full-service and quick-service restaurants on the West Coast and throughout the Midwest. The multi-unit deal kicks off Waxxpot’s 2021 plan for nationwide growth.

“We are fortunate that Waxxhaven LLC recognizes the expanding beauty market, its unit-level economics and recurring revenue, along with its skilled labor market that has a significantly low turnover,” says Waxxpot CEO Daniel Sadd. “We are speaking to several other large restaurant operators who also value the business fundamentals that make a Waxxpot franchise so attractive.”

Sadd is no stranger to the beauty industry. In 2003 he founded Salon Lofts, a salon suite rental concept targeting independent beauty entrepreneurs who reap the benefits of owning a salon without the risk of owning a business. Since then, Salon Lofts has grown to more than 165 locations nationwide. Sadd discovered Waxxpot in Short North, Ohio and felt it was a natural extension. He purchased the original location and began growing the brand immediately in Ohio and beyond.

In this story

This story was originally published in Franchising.com on April 27, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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