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Updated RecentlyThe Yellow Balloon Franchise
Children's hair salons
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.
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How much does it cost to open a The Yellow Balloon Franchise?
The investment required to open a The Yellow Balloon Franchise is between $55,000-$103,500. There is an initial franchise fee of $25,000 which grants you the license to run a business under the The Yellow Balloon name.
Individual Unit Costs
- Initial Investment:
$55,000-$103,500 - Initial Franchise Fee:
$25,000 - Royalty Fee:
4% - Advertising Fee:
- Term of Agreement:
5 years - Renewal Fee:
$2.5K
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On any given Saturday, this festive children's hair styling salon is a hive of activity There are 13 stylists on the floor, sniping and shaping hair and making children feel like they're at a birthday party. Free balloons, cookies and candy, a popcorn machine, a large play area with a mini-arcade an...
The Yellow Balloon News & Press Releases
When did The Yellow Balloon start Franchising? 2000
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2002 | 3 | 0 | 0 | 1 |
| 2001 | 1 | 0 | 0 | 1 |
| 2000 | 0 | 0 | 0 | 1 |
| 1999 | N/A | N/A | N/A | 1 |
| 1998 | N/A | N/A | N/A | 1 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
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
Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed.
Business Experience:
Your income potential as a The Yellow Balloon Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for The Yellow Balloon and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Yellow Balloon franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
The Yellow Balloon
The Yellow Balloon
12448 Ventura Blvd.
Studio City,
CA
91604