Minnesota Waxing the City franchise bonds.
From $250.
Operating a Waxing the City studio in Minnesota means posting a $25,000 surety bond your franchise agreement with Self Esteem Brands, LLC requires. The bond protects customers who buy prepaid memberships or service packages if your studio can't deliver them. Premiums cost 1% of the bond amount.
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How much does a Minnesota Waxing the City franchise bond cost?
1% of the bond amount, from $250 at the $25,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
A franchise-agreement bond like this is one of the simpler filings in surety. Here's the entire process:
Apply online
Business details, your Waxing the City franchise contract date, the $25,000 bond amount the agreement fixes, and an effective date. That's the application.
Pay & e-sign
Franchise bonds like this are among the thousands of bond types that issue right after purchase. One soft credit pull, never a hard inquiry, and it never affects your score.
File with your franchisor
Your executed bond and power of attorney arrive by email, ready to submit as part of your Waxing the City location paperwork. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Waxing the City's own Franchise Disclosure Document explains that clients can purchase memberships and prepaid service packages, and that the franchisor requires every franchisee to obtain a surety bond to protect customers who purchase memberships or pre-paid service packages. This is a condition of your franchise relationship with Self Esteem Brands, LLC — not a Minnesota consumer-protection statute — set at $25,000 for a Minnesota Waxing the City studio.
It's a three-party arrangement: you (the principal, the franchisee), the surety carrier, and Self Esteem Brands, LLC or its designated affiliate (the obligee), protecting the customers who prepay for waxing memberships and service packages. If a franchisee can't deliver the prepaid services a client already paid for, a claim can be made against the bond up to $25,000.
It is not insurance for you — if the surety pays a claim, you repay the surety. Minnesota's own club-membership bonding statute (Minn. Stat. ch. 325G) defines a 'health club' as a physical-fitness facility, which does not describe a waxing and skincare studio, so this requirement runs through your franchise contract, not that law. Keep a copy of your bond and franchise agreement together, and confirm the current required amount and named obligee directly with Self Esteem Brands or your franchise business consultant before you apply.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your franchisor. Your executed bond and power of attorney arrive by email, ready to submit as part of your Waxing the City location paperwork. Wet-ink original mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, priced by the amount.
These are the actual underwriting fields, including your franchise contract date and a one-time soft-pull credit consent. The pull never affects your score, and your premium is 1% of the $25,000 bond amount.
Start the application →Common questions.
Other Minnesota bonds.
Price and requirements checked on the carrier’s application, . Page updated .
One $25,000 bond stands between you and opening.
1% of the bond amount, soft pull only. Confirm the figure, apply, and file with your franchisor the same day. Free until issued.
