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Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Aloette Cosmetics 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 | $30,000 - $50,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1978 |
Year Franchised | 2000 | 1978 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $2.5K | - |
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 | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Aloette Cosmetics is a company founded on principles of the highest quality. Quality in the level of concentrated aloe ingredients selected to go into its premier skin care and cosmetics line. Ranked by Forbes Magazine as one of "America's Top 200 Small Companies", retail product sales last year for Aloette exceeded more than $25 million. Aloette Cosmetics is committed to offering the highest quality products at the best value. This is done with one primary objective in mind - To bring out the inner beauty in every woman through enhancing her outer beauty.