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Updated RecentlyThe Yellow Balloon vs Pigtails & Crewcuts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Pigtails & Crewcuts 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 | $84,300 - $168,300 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1983 | 2002 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | 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 | - |
| Operations |
Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | 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 Pigtails & Crewcuts
Pigtails & Crewcuts caters to kids and their parents. At this vibrant children’s salon, the kid-approved staff ensures that every customer has the best experience possible. The smallest clients can sit in brightly colored chairs shaped like airplanes, fire engines and police cars, while older siblings, up to age 12, lounge in traditional salon chairs. Entertainment is always close at hand, and kids can play with our wooden train table and toys, read books, indulge in video games and watch movies as smiling stylists trim their hair. Kids love Pigtails & Crewcuts because it’s a world made just for them, and parents love the salon because they know their kids are in good hands. In addition to hair styling services, each Pigtails & Crewcuts has its own party room, available for themed birthday celebrations, as well as a retail section.