The Yellow Balloon vs Snip N' Clip Haircut Shops Franchise Comparison

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

Start-Up Costs and Fees

 
The Yellow Balloon Franchise
Snip N' Clip Haircut Shops Franchise
Investment $55,000 - $103,500$75,100 - $88,950
Franchise Fee $25,000$15,000
Royalty Fee 4%-
Advertising Fee --
Year Founded 19831975
Year Franchised 20001975
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements

 
The Yellow Balloon Franchise
Snip N' Clip Haircut Shops Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    The Yellow Balloon Franchise
    Snip N' Clip Haircut Shops 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
    Snip N' Clip Haircut Shops 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
    Snip N' Clip Haircut Shops Franchise
    US Expansion --
    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 Snip N' Clip Haircut Shops