The Yellow Balloon vs Sharkey's Hair It Is Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Sharkey's Hair It Is including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Yellow Balloon Franchise
Sharkey's Hair It Is Franchise
Investment $55,000 - $103,500$106,170 - $138,995
Franchise Fee $25,000$99,995
Royalty Fee 4%$1000/Month
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
 
The Yellow Balloon Franchise
Sharkey's Hair It Is Franchise
Experience
  • General business experience
  • Marketing skills

    • We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun.

    Financing Options
     
    The Yellow Balloon Franchise
    Sharkey's Hair It Is 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
    Sharkey's Hair It Is Franchise
    Training -

    4 day comprehensive training

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

    Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing

    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.

    For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager.

    Expansion Plans
     
    The Yellow Balloon Franchise
    Sharkey's Hair It Is Franchise
    US Expansion -Yes
    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 Sharkey's Hair It Is

    We are the most innovative and entertaining salon for both men, women, and children around the globe. Our proven business models, which feature lower than average royalties and three revenue streams, gives you the best opportunity for success.

    Hair it is offers our clients a cutting-edge salon where they can enter with the confidence, and they will emerge looking and feeling better than before! We strive to provide friendly and professional service in an inviting environment. Women and Teens will be tended to by stylists professionally trained in the latest styles and trends, incorporating cutting edge techniques and decor. All at affordable prices! Haircuts, color, blowouts, straightening, highlights, styling, Sharkey’s will satisfy all your requests!