Core Points - JFB Construction Holdings has been invited as the exclusive general contractor to the European Wax Center's corporate conference in Texas, scheduled for March 2026 [1][2] - JFB has a long-standing relationship with European Wax Center, having built 400 locations for them over the past 10 years, including the first franchised location in 36 states [2] - European Wax Center operates over 1,000 locations across 44 states and performed more than 23 million services in the past year, generating sales of $951 million in fiscal 2024 [3] Company Overview - JFB Construction Holdings specializes in residential and commercial construction and development, with experience in building multifamily communities, shopping centers, and national franchises [4] - The company has completed over 2 million square feet of commercial and retail space and is known for its quality and production [4] - JFB's business model relies heavily on client trust, with most projects obtained through referrals and repeat customers, providing services in 36 U.S. states [5] Industry Context - European Wax Center is a leading franchisor and operator in the out-of-home waxing services sector in the United States, known for its innovative Comfort Wax and proprietary products [3] - The company emphasizes a strong corporate culture with values centered around care, integrity, guest satisfaction, and enjoyment in the workplace [3]

Company Overview - European Wax Center is the largest and fastest-growing provider of out-of-home waxing services[8] - The company performed over 23 million waxing services via 15+ million guest visits in FY 2023[8] - As of January 6, 2024, the company has 1,044 centers[11, 14] - The company is approximately 6x larger than the next largest waxing-focused competitor by center count and ~11x larger by system-wide sales[14] Financial Performance - FY 2023 system-wide sales were $955 million[12] - FY 2023 revenue was $221 million[11] - FY 2023 Adjusted EBITDA margin was 344%[11] - FY 2023 Free Cash Flow was $55 million[12] Growth and Future Outlook - The company anticipates opening 27-32 net new centers in FY 2024[52] - The company expects $930M – $950M system-wide sales and $216M – $221M EWC Revenue in FY2024[52] - The company has a strong multi-year development pipeline with 370+ locations[31, 34]