The Yellow Balloon vs Carrs Franchise Comparison

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

Start-Up Costs and Fees

  The Yellow Balloon Carrs
Investment 55000 - 103500 84800 - 161300
Franchise Fee 0
Royalty Fee 4% $150/chair
Advertising Fee
Year Founded 1983 2003
Year Franchised 2000 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Yellow Balloon Carrs
Experience General business experience Marketing skills

Financing Options

  The Yellow Balloon Carrs
 
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 Carrs
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 Carrs
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
The Yellow Balloon
Carrs
Franchise Fee
The Yellow Balloon
Carrs
Royalty Fee
The Yellow Balloon 4%
Carrs $150/chair
Advertising Fee
The Yellow Balloon
Carrs
Year Founded
The Yellow Balloon 1983
Carrs 2003
Year Franchised
The Yellow Balloon 2000
Carrs 2004
Term Of Agreement
The Yellow Balloon 5 years
Carrs 10 years
Renewal Fee
The Yellow Balloon $2.5K
Carrs


Business Experience Requirements

Experience
The Yellow Balloon General business experience Marketing skills
Carrs

Financing Options

 
Franchise Fees
The Yellow Balloon Yes
Carrs Yes
Start-up Costs
The Yellow Balloon
Carrs
Equipment
The Yellow Balloon}
Carrs
Inventory
The Yellow Balloon
Carrs
Receivables
The Yellow Balloon
Carrs
Payroll
The Yellow Balloon
Carrs

Training & Support

Training
The Yellow Balloon
Carrs
Support
The Yellow Balloon Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Carrs
Marketing
The Yellow Balloon Co-op advertising, Ad slicks, National media, Regional advertising
Carrs
Operations
The Yellow Balloon Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.
Carrs

Expansion Plans

US Expansion
The Yellow Balloon
Carrs
Canada Expansion
The Yellow Balloon
Carrs 0
International Expansion
The Yellow Balloon
Carrs