The Yellow Balloon vs Hairhouse Warehouse Franchise Comparison

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

Start-Up Costs and Fees

  The Yellow Balloon Hairhouse Warehouse
Investment 55000 - 103500 350000 - 550000
Franchise Fee 0
Royalty Fee 4% 6%
Advertising Fee 3%
Year Founded 1983 1992
Year Franchised 2000 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Yellow Balloon Hairhouse Warehouse
Experience General business experience Marketing skills Passion; Enthusiasm; Financial Security; Self Motivation; Team Leadership Skills; Willingness to work with a positive attitude.

Financing Options

  The Yellow Balloon Hairhouse Warehouse
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  The Yellow Balloon Hairhouse Warehouse
Training Industry leading training and development Every new franchisee goes through a comprehensive induction program. This program covers a range of administrative skills and hands-on training key to a successful Hairhouse Warehouse franchise. All training is run in our most successful, best-practice stores. Our training doesn't stop when we hand you the keys. From day one, new franchisees one-on-one mentoring from a member of the operations team to ensure that you have the knowledge and tools to succeed as a long term franchisee with Hairhouse Warehouse. We take a multi-channel approach to training. We've aligned ourselves with multiple training providers all recognised as leaders in their areas of specialisation. They are there to help you meet some of the more specific needs of your business. We offer the very best training across the core areas of our business: salon services, retail and business management. Access to training and development programs is not dependant on store locations we ensure that all training is available no matter where you are.
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 National marketing support All our franchises have access to the Hairhouse Warehouse Marketing Fund. This means you can develop marketing and advertising for your franchise, when and where you need it. We've sought out the best and brightest marketing and advertising professionals the industry has to offer to make sure your store does as well as it possibly can. You can develop marketing across a range of mediums: TV Radio Retail catalogues Magazines Press Web
Operations Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. The majority of our Franchisee's are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee's can be confident they will have all the tools necessary to succeed in the franchise operation.

Expansion Plans

  The Yellow Balloon Hairhouse Warehouse
US Expansion
Canada Expansion
International Expansion Australia

Start-Up Costs and Fees Mobile

Investment
The Yellow Balloon
Hairhouse Warehouse
Franchise Fee
The Yellow Balloon
Hairhouse Warehouse
Royalty Fee
The Yellow Balloon 4%
Hairhouse Warehouse 6%
Advertising Fee
The Yellow Balloon
Hairhouse Warehouse 3%
Year Founded
The Yellow Balloon 1983
Hairhouse Warehouse 1992
Year Franchised
The Yellow Balloon 2000
Hairhouse Warehouse 1998
Term Of Agreement
The Yellow Balloon 5 years
Hairhouse Warehouse 7 years+7
Renewal Fee
The Yellow Balloon $2.5K
Hairhouse Warehouse


Business Experience Requirements

Experience
The Yellow Balloon General business experience Marketing skills
Hairhouse Warehouse Passion; Enthusiasm; Financial Security; Self Motivation; Team Leadership Skills; Willingness to work with a positive attitude.

Financing Options

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

Training & Support

Training
The Yellow Balloon
Hairhouse Warehouse Industry leading training and development Every new franchisee goes through a comprehensive induction program. This program covers a range of administrative skills and hands-on training key to a successful Hairhouse Warehouse franchise. All training is run in our most successful, best-practice stores. Our training doesn't stop when we hand you the keys. From day one, new franchisees one-on-one mentoring from a member of the operations team to ensure that you have the knowledge and tools to succeed as a long term franchisee with Hairhouse Warehouse. We take a multi-channel approach to training. We've aligned ourselves with multiple training providers all recognised as leaders in their areas of specialisation. They are there to help you meet some of the more specific needs of your business. We offer the very best training across the core areas of our business: salon services, retail and business management. Access to training and development programs is not dependant on store locations we ensure that all training is available no matter where you are.
Support
The Yellow Balloon Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Hairhouse Warehouse
Marketing
The Yellow Balloon Co-op advertising, Ad slicks, National media, Regional advertising
Hairhouse Warehouse National marketing support All our franchises have access to the Hairhouse Warehouse Marketing Fund. This means you can develop marketing and advertising for your franchise, when and where you need it. We've sought out the best and brightest marketing and advertising professionals the industry has to offer to make sure your store does as well as it possibly can. You can develop marketing across a range of mediums: TV Radio Retail catalogues Magazines Press Web
Operations
The Yellow Balloon Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed.
Hairhouse Warehouse The majority of our Franchisee's are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee's can be confident they will have all the tools necessary to succeed in the franchise operation.

Expansion Plans

US Expansion
The Yellow Balloon
Hairhouse Warehouse
Canada Expansion
The Yellow Balloon
Hairhouse Warehouse
International Expansion
The Yellow Balloon
Hairhouse Warehouse Australia