Start-Up Costs and Fees |
||
| The Yellow Balloon | Diesel Barbershop | |
| Investment | 55000 - 103500 | 253000 - 366000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 7.50% |
| Advertising Fee | 1% | |
| Year Founded | 1983 | 2017 |
| Year Franchised | 2000 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Yellow Balloon | Diesel Barbershop | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| The Yellow Balloon | Diesel Barbershop | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Yellow Balloon | Diesel Barbershop | |
| Training | New Franchisee classroom training On-site training - Diesel Opening Team comes to franchisee's location Online training solutions Annual convention training programs | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing support from Diesel corporate Corporate support team shop visits & reviews |
| 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 | Diesel Barbershop | |
| 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 | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| Franchise Fee | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| Royalty Fee | |
| The Yellow Balloon | 4% |
| Diesel Barbershop | 7.50% |
| Advertising Fee | |
| The Yellow Balloon | |
| Diesel Barbershop | 1% |
| Year Founded | |
| The Yellow Balloon | 1983 |
| Diesel Barbershop | 2017 |
| Year Franchised | |
| The Yellow Balloon | 2000 |
| Diesel Barbershop | 2017 |
| Term Of Agreement | |
| The Yellow Balloon | 5 years |
| Diesel Barbershop | |
| Renewal Fee | |
| The Yellow Balloon | $2.5K |
| Diesel Barbershop | |
Business Experience Requirements |
|
| Experience | |
| The Yellow Balloon | General business experience Marketing skills |
| Diesel Barbershop | |
Financing Options |
|
| Franchise Fees | |
| The Yellow Balloon | Yes |
| Diesel Barbershop | Yes |
| Start-up Costs | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| Equipment | |
| The Yellow Balloon} | |
| Diesel Barbershop | |
| Inventory | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| Receivables | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| Payroll | |
| The Yellow Balloon | |
| Diesel Barbershop | |
Training & Support |
|
| Training | |
| The Yellow Balloon | |
| Diesel Barbershop | New Franchisee classroom training On-site training - Diesel Opening Team comes to franchisee's location Online training solutions Annual convention training programs |
| Support | |
| The Yellow Balloon | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Diesel Barbershop | Ongoing support from Diesel corporate Corporate support team shop visits & reviews |
| Marketing | |
| The Yellow Balloon | Co-op advertising, Ad slicks, National media, Regional advertising |
| Diesel Barbershop | |
| Operations | |
| The Yellow Balloon | Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. |
| Diesel Barbershop | |
Expansion Plans |
|
| US Expansion | |
| The Yellow Balloon | |
| Diesel Barbershop | 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 | |
| The Yellow Balloon | |
| Diesel Barbershop | |
| International Expansion | |
| The Yellow Balloon | |
| Diesel Barbershop | |