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Below is an in-depth analysis and side-by-side comparison of Haircolorxperts vs Ideal Image including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $273,800 - $421,200 | $551,300 - $903,400 |
| Franchise Fee | $20,000 | $25,000 - $35,000 |
| Royalty Fee | 6% | 9% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2001 |
| Year Franchised | 2001 | 2004 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | $10000 or 25% of current fee |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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.
NO LONGER FRANCHISING