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HairColorExperts
4850 W. Prospect Rd.
Ft. Lauderdale, FL 33309-3048
800#: (866) HCX-HCX1
Tel: (954) 315-4900
Fax: (954) 486-5623
E-Mail: [email protected]
Web Site: www.hcx.com
Contact: Ms. Gail Cannon, Director of Franchising
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
Established: 2000
First Franchise: 2001
Franchise Units: 14
Company-Owned Units: 4
Total Units: 18
Distribution:
U.S. -- 18;
Canada -- 0;
International -- 0
-North America -- Operations in 14 States
-States/Provinces with Greatest Density: 10 in FL, 3 in NJ, 2 in MD
Projected New Units Over Next 12 months: 250
Franchisee Qualifications: 5, 4, 4, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 15 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200-1,400 SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $80-100K
Total Investment: $199-299K
Average Total Investment: $249.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 3%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Allowed
Area Development Agreements: Yes/20
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 42
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 10 Days Ft. Lauderdale, FL.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Australia, UK, Canada
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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