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Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Beauty Call 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 | $5,300 - And Up |
Franchise Fee | $25,000 | $5,300 |
Royalty Fee | 4% | 1800/year |
Advertising Fee | - | 5%-16% |
Year Founded | 1983 | 2006 |
Year Franchised | 2000 | 2006 |
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 | - | All new franchisees receive comprehensive training before starting their Beauty Call business and this includes: � Everything you need to know about Beauty Call � Managing your own business � Accounts � Advertising and PR A detailed training and operating manual, which includes the business system and necessary processes and forms, is supplied to each franchisee. The initial training will be followed up with regular communication and support as necessary, as well as the obligatory 3 month catch up. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | On-going promotional support is provided and all franchisees are regularly updated on promotions and advertising organised by head office, both regional and national. Annual get togethers are encouraged for all the artists and franchisees to meet and network |
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 | 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.