Averan Urban Waxx Bookkeeping Conversion Package
Averan Advisors takes over the books for an open Urban Waxx location from your current bookkeeper. We review what you have, fix what is wrong and switch at a month end, so no month is missed or closed twice.
The Urban Waxx conversion package
The conversion package is for Urban Waxx owners who already have a bookkeeper and want to switch. The work follows Urban Waxx’s 2026 FDD and your franchise agreement. A dedicated beauty specialist handles your account.
- A written review of your current Urban Waxx books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report Urban Waxx asks for.
- Recent Urban Waxx royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the Urban Waxx conversion package includes
Books review
We review your current Urban Waxx books and send you a written list of what is wrong and what it takes to fix it.
Clean opening balances
We match every bank, card and loan account to its statement on your switch date.
Reporting format
We rebuild the chart of accounts so the books produce the monthly report Urban Waxx asks its owners for.
Fee check
We recalculate recent Urban Waxx royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system Urban Waxx requires, its booking and membership system and your payroll to the books.
Records collected
We collect the files, workpapers and logins your current bookkeeper holds.
Analytics package
Each month we compare your results with the figures in Urban Waxx’s 2026 FDD.
First close on time
We close your first month with us by the 15th of the next month.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and request access to your current books.
- 2Review10 business days
We send written findings, a scope and a price.
- 3CleanupSet in the scope
We fix the errors we found and rebuild the accounts.
- 4CutoverYour switch date
We move your systems to the new books and lock the opening balances.
- 5First closeBy the 15th
We close your first month and send your reports.
We set your switch date at a month end. Your current bookkeeper closes the month before it, and we close every month after it.
What we check in your current Urban Waxx books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
Urban Waxx charges recalculated from your sales and checked against Item 6 of the FDD.
Uncategorized items
Transactions left uncategorized or recorded as miscellaneous expense.
Balance sheet
Loans, payroll liabilities, sales tax and owner money explained.
Franchise fee and build-out
Recorded as assets and spread over the years they cover.
Urban Waxx reports
The books produce the monthly report Urban Waxx asks for.
Urban Waxx figures from the FDD
Urban Waxx’s Item 19 reports eight affiliate-owned studios open all of 2025, which averaged $781,130 of gross revenues, with a median of $607,513, according to Item 19 of Urban Waxx’s 2026 FDD, issued 11 May 2026. Fees paid to Urban Waxx come to about 13.49%* of sales. An Urban Waxx franchise costs $268,000 to $638,500 to open.
The Urban Waxx initial franchise fee is $50,000, which is part of the Urban Waxx Item 7 estimate, according to Urban Waxx’s 2026 FDD.
1 Urban Waxx location opened in the last year that Item 20 of Urban Waxx’s 2026 FDD reports.
At the end of the last year that Item 20 reports, Urban Waxx had 1 franchise agreement signed for a location not yet open.
Send us to start
- Your signed Urban Waxx franchise agreement.
- Urban Waxx’s current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of Urban Waxx reports.
- Last year’s tax return.
- Your loan agreements and statements.
Access we need
- Accountant access to your current QuickBooks file.
- Your payroll processor.
- The point-of-sale system Urban Waxx requires.
- The booking and membership system.
- The Urban Waxx reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
- The files, workpapers and logins your current bookkeeper holds.
Questions from Urban Waxx owners switching bookkeepers
Can I switch my Urban Waxx books partway through the year?
Averan sets your switch date at the end of any month you choose.
What do you check in my current Urban Waxx books?
We check that every account matches its statement, recalculate recent Urban Waxx royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report Urban Waxx asks for.
Who owns the QuickBooks file?
You do. If you already have a QuickBooks Online file, we work in it with accountant access. The file stays yours if you leave.
* Averan Advisors calculation from the figures in Urban Waxx’s 2026 FDD.
Where to next
Talk to us about switching your Urban Waxx books
Send the short form for the Urban Waxx conversion package, or book a 30-minute call about your current books and your switch date.
Request the conversion package → Book a 30-minute call