Start-Up Costs and Fees |
||
| Sharkey's Cuts For Kids | The Yellow Balloon | |
| Investment | 163420 - 222995 | 55000 - 103500 |
| Franchise Fee | 0 | |
| Royalty Fee | $1000-$1,500/Month | 4% |
| Advertising Fee | ||
| Year Founded | 2001 | 1983 |
| Year Franchised | 2004 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sharkey's Cuts For Kids | The Yellow Balloon | |
| Experience | Focused, determined and looking for a good work-life balance | General business experience Marketing skills |
Financing Options |
||
| Sharkey's Cuts For Kids | The Yellow Balloon | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sharkey's Cuts For Kids | The Yellow Balloon | |
| Training | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. | |
| 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 |
||
| Sharkey's Cuts For Kids | The Yellow Balloon | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Franchise Fee | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Royalty Fee | |
| Sharkey's Cuts For Kids | $1000-$1,500/Month |
| The Yellow Balloon | 4% |
| Advertising Fee | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Year Founded | |
| Sharkey's Cuts For Kids | 2001 |
| The Yellow Balloon | 1983 |
| Year Franchised | |
| Sharkey's Cuts For Kids | 2004 |
| The Yellow Balloon | 2000 |
| Term Of Agreement | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | 5 years |
| Renewal Fee | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Sharkey's Cuts For Kids | Focused, determined and looking for a good work-life balance |
| The Yellow Balloon | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Sharkey's Cuts For Kids | No |
| The Yellow Balloon | No |
| Start-up Costs | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Equipment | |
| Sharkey's Cuts For Kids} | |
| The Yellow Balloon | |
| Inventory | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Receivables | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| Payroll | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
Training & Support |
|
| Training | |
| Sharkey's Cuts For Kids | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. |
| The Yellow Balloon | |
| Support | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Sharkey's Cuts For Kids | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| The Yellow Balloon | |
| Canada Expansion | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |
| International Expansion | |
| Sharkey's Cuts For Kids | |
| The Yellow Balloon | |