The Yellow Balloon vs Kennedy's All-American Barber Club Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Kennedy's All-American Barber Club including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Yellow Balloon Franchise
Kennedy's All-American Barber Club Franchise
Investment $55,000 - $103,500$211,285 - $314,450
Franchise Fee $25,000$39,000
Royalty Fee 4%8%
Advertising Fee -2000
Year Founded 19832008
Year Franchised 20002008
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
The Yellow Balloon Franchise
Kennedy's All-American Barber Club Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    The Yellow Balloon Franchise
    Kennedy's All-American Barber Club Franchise
      In-House/3rd PartyIn-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
     
    The Yellow Balloon Franchise
    Kennedy's All-American Barber Club Franchise
    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
     
    The Yellow Balloon Franchise
    Kennedy's All-American Barber Club Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About The Yellow Balloon

    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.

    About Kennedy's All-American Barber Club

    Kennedy's All-American Barber Club is an upscale, franchised barbershop club: a concept designed to treat gentlemen to an enjoyable grooming experience and provide the grooming products they need to look and feel their best. Complete with straight-razor shaves (which are hard to find these days), shoeshines and complimentary drinks, Kennedy's All-American Barber Club is reminiscent of your father's barbershop. On top of all that, it operates as a club in that Members get unlimited haircuts, shaves, etc. for a monthly fee, no nickel-and-diming like other "chop shops." This Proprietary Membership Model guarantees a set monthly income for every franchisee. Net Memberships grew over 80% during 2008-2009, proving that Kennedy's All-American Barber Club is a recession-resistant concept.

    The total investment necessary to begin operation of a Kennedy's All-American Barber Club Franchise is ranges from $160,800 to $281,285. This includes $39,943 to $40,886 that must be paid to the franchisor or their affiliate(s).
    The total investment necessary to begin the operation of a Kennedy's All-American Barber Club multi-unit development business ranges from $196,800 to $387,285, for a required minimum of 2 KENNEDY’S outlets to be developed. This includes $75,943 to $146,866 that must be paid to the franchisor or an affiliate.