The Yellow Balloon vs SportClips Franchise Comparison

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

Start-Up Costs and Fees
 
The Yellow Balloon Franchise
SportClips Franchise
Investment $55,000 - $103,500$233,800 - $388,300
Franchise Fee $25,000$25,000 - $59,500
Royalty Fee 4%6%
Advertising Fee -5%
Year Founded 19831993
Year Franchised 20001995
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $2.5K$3.5K


Business Experience Requirements
 
The Yellow Balloon Franchise
SportClips Franchise
Experience
  • General business experience
  • Marketing skills

  • General business experience
  • Marketing skills
  • People skills
    		•

    Financing Options
     
    The Yellow Balloon Franchise
    SportClips Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Yellow Balloon Franchise
    SportClips Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, 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 advertisingCo-op advertising, Ad slicks
    Operations

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed.

    		 Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 12

    Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators)

    Expansion Plans
     
    The Yellow Balloon Franchise
    SportClips Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    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 SportClips

    Gordon Logan, founder and CEO of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.

    Do You have What It Takes?

    • You have strong leadership, managerial and communication skills
    • You enjoy developing Team Members and being involved in the community
    • You can effectively market your business and drive sales
    • You have a passion for the Sport Clips culture
    • Our Team Leaders come from different industries - no hair care experience necessary!
    Veteran Incentives: 20% off franchise fee
    "Top                  ""  "Entrepreneur
    #4 in Gator's Top franchises.
    #37 in Franchise 500 for 2020.
    #17 in Franchise 500 for 2021.