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The Yellow Balloon vs First Cut 4 Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs First Cut 4 Kids 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 | $90,000 - $175,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | - | - |
| Year Founded | 1983 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | 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. |
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Expansion Plans |
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| 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 First Cut 4 Kids
First Cut is an upscale salon designed exclusively for children of all ages, providing service and style found previously only in upscale adult salons.
We believe that our haircut services for children are second-to-none. Our stylists undergo extensive specialized training for working with children including continuing education in new cutting edge techniques and styles. In addition, our entire salon is designed to give your child the best haircut in the best environment. We take the time to cut your child's hair right, using our innovative cutting stations with built-in media centers which include modern flat screen TV's and video games with many DVD's and games to choose from.