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Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs FACES 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 | $219,500 - $372,500 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1976 |
Year Franchised | 2000 | 1976 |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
International Expansion | 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.
When you franchise with FACES, you will enjoy a franchise brand that has a corporate staff with over 75 years of collective retail and franchise experience. They have recently developed a fantastic expansion program, both globally and locally, that integrates a striking store design, high-quality lucrative product lines, gorgeous packaging and, most notably, a system of exceptional, energetic and committed franchisees.
Widespread research has shown that FACES effectively fills an essential gap between expensive department store cosmetic brands and mass-market cosmetic retailers. This means that now is an ideal time for you to join FACES!