Start-Up Costs and Fees |
||
| Sola Salon Studios | The Yellow Balloon | |
| Investment | 531150 - 1714370 | 55000 - 103500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 1983 |
| Year Franchised | 2005 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sola Salon Studios | The Yellow Balloon | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Sola Salon Studios | The Yellow Balloon | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sola Salon Studios | The Yellow Balloon | |
| 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 |
||
| Sola Salon Studios | 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 | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Franchise Fee | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Royalty Fee | |
| Sola Salon Studios | 5.50% |
| The Yellow Balloon | 4% |
| Advertising Fee | |
| Sola Salon Studios | 2% |
| The Yellow Balloon | |
| Year Founded | |
| Sola Salon Studios | 2003 |
| The Yellow Balloon | 1983 |
| Year Franchised | |
| Sola Salon Studios | 2005 |
| The Yellow Balloon | 2000 |
| Term Of Agreement | |
| Sola Salon Studios | |
| The Yellow Balloon | 5 years |
| Renewal Fee | |
| Sola Salon Studios | |
| The Yellow Balloon | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Sola Salon Studios | |
| The Yellow Balloon | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Start-up Costs | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Equipment | |
| Sola Salon Studios} | |
| The Yellow Balloon | |
| Inventory | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Receivables | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Payroll | |
| Sola Salon Studios | |
| The Yellow Balloon | |
Training & Support |
|
| Training | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| Support | |
| Sola Salon Studios | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Sola Salon Studios | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Sola Salon Studios | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Sola Salon Studios | 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 | |
| Sola Salon Studios | |
| The Yellow Balloon | |
| International Expansion | |
| Sola Salon Studios | |
| The Yellow Balloon | |