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Updated RecentlyHaircolorxperts vs Paramount Home Beauty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Haircolorxperts vs Paramount Home Beauty 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 | $44,100 |
| Franchise Fee | $20,000 | $14,800 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2004 |
| Year Franchised | 2001 | 2006 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Haircolorxperts
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.
About Paramount Home Beauty
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.