The Yellow Balloon vs Chatters Salon and Beauty Supply Franchise Comparison

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

Start-Up Costs and Fees
 
The Yellow Balloon Franchise
Chatters Salon and Beauty Supply Franchise
Investment $55,000 - $103,500$400,000 - $700,000
Franchise Fee $25,000$40,000
Royalty Fee 4%6%
Advertising Fee -2%
Year Founded 19831988
Year Franchised 20001991
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
The Yellow Balloon Franchise
Chatters Salon and Beauty Supply Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    The Yellow Balloon Franchise
    Chatters Salon and Beauty Supply 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
    Chatters Salon and Beauty Supply 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
    Chatters Salon and Beauty Supply Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 Chatters Salon and Beauty Supply

    We take pride in helping independent business owners build thriving salons and beauty stores that serve the needs of our customers. Our vision is to deliver a promise of beauty through our retail products and a menu of quality salon services. Our programs are comprehensive and far reaching. Franchisees benefit from a turn key operation and winning advantages: Unprecedented retail sales Excellent margins Purchasing power Alliance with industry leaders Dynamic marketing Unmatched variety Advanced training Recognizable brand Ongoing support By joining Chatters and becoming a Franchisee, you are joining an elite franchise group that has consistently been the industry leader in the hair care industry in Canada for over 20 years. Our experience and expertise in this unique and growing industry is what will take your franchise over the top and ensure longevity as the industry and market evolves and changes. Our company will continue to strive to be the leader and innovator in our industry. This is accomplished through large amounts of investment in time and resources in constantly developing and improving our business and operations to ensure we are always a step ahead of the competition. Join Chatters if you want to be a leader in the hair care industry today, and in the future.

    "Top
    #90 in Canada's Top franchises.