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Updated RecentlyThe Yellow Balloon vs 18/8 Fine Men's Salons Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs 18/8 Fine Men's Salons 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 | $50,000 - $232,089 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | - | - |
| Year Founded | 1983 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | Business experience with an affinity to hospitality and managing small teams are the essential skills we look for. | |
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 | Marketing is our strength � our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand. |
| Operations |
Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations. |
Expansion Plans |
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| 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 18/8 Fine Men's Salons
An exceptional premium opportunity!
A franchise opportunity to be part of the first national chain of
18|8 Fine Men's Salons.
There's a giant void that's waiting to be filled - the perfect salon for successful men! A salon that brings out the best in men. Almost a decade in existence, hundreds of thousands of haircuts with an average ticket of $44 - more than twice that of a fast cut shop. Great locations, a better class of stylists. Lots of happy, successful guys. We're doing something right, indeed.
* A truly differentiated business from all the women's salons, and the low cost haircut places* The salon industry generates over $50 billion in revenue and keeps growing
* On every corner, at every mall, you can find women's salons and low cost haircut places. Women's salons may offer quality stylist for women - along with the fishbowl design, the smell of perm, and the chatter of gossip. Low cost haircut places are for men on a tight budget, where saving a few dollars is necessary.
* 18|8 Fine Men's Salons are designed for discerning, successful men who want to look their best, feel their best, so they perform their best. They want exceptionally skilled stylists at locations near where they live or work. And they want privacy as well as a spectrum of true solutions for all their haircare and grooming needs.
* 18|8 Fine Men's Salons is the hottest salon franchise concept now available
* Successful men tend to be very loyal and very good tippers
* Because we are in the best locations, and we attract successful men, we attract the best quality, most experienced stylists
* No industry experience required
* Surprisingly low start up costs - reasonable overhead
* Additional profit centers - memberships, products, consulting and referral