Haircolorxperts Franchise

Salon specializing in hair color & cosmetics

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.

Start-up Costs & Franchises Fees

What is the total cost to open a Haircolorxperts Franchises?

Total Cost: $273,800-$421,200
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:

Contact Information for Haircolorxperts

Haircolorxperts 4850 W. Prospect Rd. Ft. Lauderdale, FL 33309

Phone Number: (954)315-4900 Fax Number: (954)486-5623 Franchise Homepage:

Haircolorxperts In the Press

No results at this time.

Historical Expansion

In what year did Haircolorxperts begin operations? 2000
When did Haircolorxperts begin selling franchises? 2001

Year	United States	Canada	International	Corporate
2005	59	0	0	0
2004	49	0	0	1
2003	22	0	0	4
2002	4	0	0	1
2001	2	0	0	1

Future Expansion

Countries of Interest: Canada, Mexico,

Franchise Financing Information

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	No	No
Initial Start-up Capital	No	No
Plant, Property, and Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

3rd Party Financing Available? Financing Source(s): the SBA

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

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