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HairColorExperts / HCX
HCX INTERNATIONAL is the newest innovation in hair salons, offering affordable hair color services and custom blended cosmetics at affordable prices in an up-scale salon environment.
Franchisor Background
Year Established:
2000
Franchising Since:
2001
IFA Member
Operating Units:
Franchised Units:
14
77.8%
Company-Owned Units:
4
22.2%
______
_____
Total Operating Units:
18
100%
Geographic Distribution:
U.S.:
18
100%
In 14 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
18
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Florida
10
2. New Jersey
3
3. Maryland
2
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$250K
Cash Investment:
$80-100K
Total Investment:
$199-299K
Average Total Investment:
$249K
Fees:
Initial Franchise Fee:
$15K
Average Franchise Fee:
$15K
On-Going Royalty:
6%
Average Royalty:
6%
Advertising Fee:
3%
Average Number of Employees:
15 Full-time, 1 Part-time
Space Needs (in square footage):
N/A
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Regional Mall
