Not Ranked

Initial Investment

LOW: $273,800
HIGH: $421,200

Change in Units

Promoted Opportunities

Company Profile

Founded

2000

Franchising Since

2001 (15 Years)

Corporate Address

4850 W. Prospect Rd. Fort Lauderdale, FL 33309

About Haircolorexperts

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.

Financials

Financial Requirements

Initial Investment

$273,800 - $421,200

Net-worth Requirement

$350,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$20,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

3%

Financing Options

Haircolorexperts has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

  • 2006 - 494

* Not all years were ranked

Units (Locations)

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: June 18th, 2012

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