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HairColorExperts / HCX

Franchise

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

Overview

To open a location, you should have $80,000 available as liquid capital. New HairColorExperts / HCX franchisees need to have at least a $250,000 net worth. $199,000 is the minimum that someone opening a location should expect to invest. The most the franchisor could ask you to invest is $299,000 if you want to become a franchisee. New franchisees pay HairColorExperts / HCX a franchise fee of $15,000. In total, there are 18 units of this franchise open today.

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