The Yellow Balloon vs Ideal Image Franchise Comparison

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

Start-Up Costs and Fees

 
The Yellow Balloon Franchise
Ideal Image Franchise
Investment $55,000 - $103,500$551,300 - $903,400
Franchise Fee $25,000$25,000 - $35,000
Royalty Fee 4%9%
Advertising Fee --
Year Founded 19832001
Year Franchised 20002004
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $2.5K$10000 or 25% of current fee


Business Experience Requirements

 
The Yellow Balloon Franchise
Ideal Image Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

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

    Training & Support

     
    The Yellow Balloon Franchise
    Ideal Image Franchise
    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-
    Operations

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    The Yellow Balloon Franchise
    Ideal Image Franchise
    US Expansion --
    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 Ideal Image

    NO LONGER FRANCHISING