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Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Bonne Chimie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,000 - $103,500 | $29,500 - $109,000 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 4% | 9% |
Advertising Fee | - | - |
Year Founded | 1983 | 2002 |
Year Franchised | 2000 | 2003 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $2.5K | $1K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand opening, Internet |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks |
Operations |
Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Nadia Pidgeon opened her first The Yellow Balloon children's hair salon in 1976 near UCLA and a second location five years later near Universal Studios, serving the children of celebrities, like Warren Beatty, and child stars, like the Olsen Twins. The company began franchising in 2000.
Each The Yellow Balloon salon caters to kids, featuring mini-arcades and toy boxes, and offering young customers balloons, cookies and popcorn. To commemorate a baby's first haircut, parents are given a framed photo, certificate and lock of hair. Adults can also have their hair cut at The Yellow Balloon.
With our patent-pending process for offering customized personal care products, Bonne Chimie is an exciting franchise opportunity within a niche market. The Personal Care industry is a fast growing and profitable industry which offers few franchise options. Bonne Chimie provides our franchisees the chance to own a revolutionary skin and haircare company. As an owner of a Bonne Chimie franchise your new business can be established in a variety of locations. If you currently own a salon, spa, or women's boutique, the "Bar" can be easily incorporated into your facility. If you are an individual that is not currently in business but would like to open a stand alone Bonne Chimmie Boutique, you can establish your "Bar" within a mall or other retail setting. The options are endless. Take advantage of this unique opportunity to catch the beginning of the customized skincare wave... by signing up now to be the owner of a Bonne Chimie Franchise.