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HairColorExperts / HCX

HairColorXperts (HCX) was founded by salon owners Pasquale Benasillo and Chenzo Balsamo, and franchising veteran Lawrence Feldman, HCX salons offer hair-coloring services exclusively. Targeting clients who ordinarily color their own hair, HCX's color treatments start at $20. haircolorxperts colorists have received advanced training in all aspects of hair color making them efficient in offering any service from in-depth color consultation, to highlights, to complex color corrections. They provide customers with a look that complements their lifestyle and enhances their skin tones. HCX also does designer cuts and styles too.

Facts & figures
Liquid capital required
$80,000
Net worth required
$250,000
Investment
$199,000 - $299,000
Franchise fee
$15,000
Units in operation
18

You'll need $80,000 in liquid capital to open a HairColorExperts / HCX. You need to have a total net worth of $250,000 if you want to become an owner. The minimum you would expect to invest in a HairColorExperts / HCX location is $199,000. $299,000 is the maximum that someone opening a location should expect to invest. New franchisees can expect to pay a $15,000 franchise fee for the rights to open their own location. There is currently a total of 18 units in operation.

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